A free version called 'Foundation' was discontinued in 2016. There are two editions of SharePoint Server: Standard and Enterprise. It receives fewer frequent updates but has access to a wider set of features and customization capabilities.
This product is installed on customers' IT infrastructure. SharePoint Server is provided to organizations that seek greater control over SharePoint's behavior or design. SharePoint Standard may also be licensed through a cloud model. SharePoint Standard licensing includes a CAL (client access license) component and a server fee.
Composites: Pre-built workflow templates, Business Connectivity Services (BCS) profile pages. Search: Better search results, search customization abilities, mobile search, 'Did you mean?', OS search integration, Faceted Search, and metadata/relevancy/date/location-based refinement options. 
Content: Improved tooling and compliance for document & record management, managed metadata, word automation services, content type management. Communities: 'MySites' (personal profiles including skills management, and search tools), enterprise wikis, organization hierarchy browser, tags and notes. Sites: Audience targeting, governance tools, Secure store service, web analytics functionality. Microsoft SharePoint Standard builds on the Microsoft SharePoint Foundation in a few key product areas: There are various editions of SharePoint which have different functions. 7.7 Notable changes in SharePoint Subscription Edition (SE). 6.2 Other SharePoint-related Microsoft products. 6.1 Compliance, standards and integration. 3.3 Content item, Content Type, Libraries, Lists, and "Apps". 2.4 File hosting service (personal cloud). 2.1 Enterprise content and document management.
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