Virtualization is a bit more - and less - than emulation. It isn't just semantic hair-splitting, either (unless you don't care about the details, then I guess it is). I don't think I'm "virtualizing" when I run WinUAE on my PC. However, when running MacOS through Fusion or Shapeshifter or Sheepshaver or whatever on the Amiga, I do. It has to do with the specificity of the processor in question.
But, again, if you don't care, that's fine.