Space is the visual layout where you can organize and track your assets.
Space Module Settings
Before you can create a space, you need to configure some settings for the module. All spaces need to be assigned a type. The type determines the size of your xyicons relative to the space and the fields available for it. Both types and fields can be easily configured under Settings.
Version Set
Document Sets
Provides the content types required for creating and using document sets. Create a document set when you want to manage multiple documents as a single work product.