z/OS MVS Initialization and Tuning Guide
SA23-1379-02
Private — meaning the volume can only be allocated when its volume
serial number is explicitly or implicitly specified.
Public — meaning the volume is eligible for allocation to a temporary
data set, provided the request is not for a specific volume and PRIVATE
has not been specified on the VOLUME parameter of the DD statement.
Both tape and direct access volumes are given the public use attribute.
A
public volume may also be allocated when its volume serial number
is specified on the request.
Storage — meaning the volume is eligible for allocation to both
temporary and non-temporary data sets, when no specific volume is
requested and PRIVATE is not specified. Storage volumes usually contain
non-temporary data sets, but temporary data sets that cannot be assigned
to public volumes are also assigned to storage volumes.