In the 80386microprocessor and later, Virtual 8086 mode, also called virtual real mode or VM86, allows the execution of real mode applications that are incapable of running under the control of a protected modeoperating system.VM86 mode uses a segmentation scheme identical to real mode, for compatibility reasons, but used the 20-bit (actually 21-bit) address resulting from it as a linear address, so it is subject to paging.
See more at Wikipedia.org...