Courtesy : http://www.startvbdotnet.com/oop/inheritance.aspx

Once a class has been written and tested, it can be used by other programs to suit the program's requirement. This is done by creating a new class from an existing class. The process of deriving a new class from an existing class is called Inheritance. The old class is called the base class and the new class is called derived class. The derived class inherits some or everything of the base class. In Visual Basic we use the Inherits keyword to inherit one class from other.