Ref: Routing Instances - Network Direction
"Routing Instances
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Notes
In the Cisco world, you can use VRF-Lite to create additional routing tables on a router or L3 switch. This creates separation at layer-3 like VLANs do at layer-2.
Juniper have something similar (although not identical) called a routing instance.
There are several types of routing instance, depending on how they should be used.
The ‘Virtual Router’ and ‘No-Forwarding’ types are the closest to VRF-Lite. Virtual router creates an additional routing table and an additional forwarding table.
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