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"Tenant” can be replaced interchangeably with the more current term “project.”That means Project network . tenant networks are created by Projects for use by their instances and cannot be shared (based upon default policy settings). Users create tenant networks for connectivity within projects. By default, they are fully isolated and are not shared with other projects

Also refer https://docs.openstack.org/liberty/networking-guide/intro-os-networking-overview.html http://superuser.openstack.org/articles/tenant-networks-vs-provider-networks-in-the-private-cloud-context/