Magento comes with a handy feature of having multiple store fronts using a single Magento instance which is a most useful feature for international businesses. This feature enables one Magento instance and Admin panel to administer and display different views to the users. This tutorial explains you how to set up multiple store-fronts using single magento instance in easy steps.
Author: Ajith K Ranatunga
What does backend type static mean in Magento?
Magento Entities have some “static” attributes, whose values are stored in entity main table but not in entity_[type] tables. [type] can be one of varchar, int, datatime, decimal and text.