V belt is shaped like a V and drives things like power steering pump, alternator and air con compressor. Commonly cars have more than 1 V-belt btw. Timing Belt: Timing belt is a special cogged (toothed) belt driving the the camshaft and covered by the timing case.
A V-belt is a rubber belt used for driving mechanisms in an engine such as the fans or water pump. A V-belt must be the right size, extending slightly out of the pulley groove. The V-belt has driven mechanical parts of car engines since the 1920s.
The V-belt acts as a transmission belt. Connecting the V-belt pulleys, it transmits the force from the engine to the ancillary components including the alternator, the hydraulic pump for the power steering.