No, it's 2 or more power supply units, ideally with 2 or more seperate mains supplies (different circuits). (In mission critical installations, the 2 mains supplys come in from different parts of the building, having been sourced from seperate substations.)
If one power supply, or mains supply fails, then the remainder can keep the system up and running.
A UPS is a battery powered device that provides mains voltage electricity in the event of a mains supply failure - it doesn't protect against interal failure of the power supply.
Critical devices are often protected with redundant power supplies, each protected by a UPS.