Is there some historical reasons or is there a specific reason behind it?
This question is connected to: Why on-shell vs. off-shell matters?
Is there some historical reasons or is there a specific reason behind it?
This question is connected to: Why on-shell vs. off-shell matters?
A particle is said to be on-shell if it satisfies the relativistic dispersion relation,
$$E^2 = p^2 +m^2$$
in units wherein $c=\hbar=1$. If you graph it, you obtain a hyperboloid surface (in 4-momentum space) for massive particles, and a cone for massless particles, like a photon. This is known as the mass shell, it is quite literally a shell or surface. The momentum of a real particle can be represented as a vector on the surface, hence the expression on shell. Virtual particles do not have these on the surface, hence they are off shell.
Source: Perimeter Institute, A Deeper Dive: On Shell and Off Shell
The term "shell" originally derives from the non-relativistic version of the answer by @JamalS. In a non-relativistic theory, a free particle satisfies the following dispersion relation $$ E = \frac{ {\bf p}^2 }{ 2m } $$ For a fixed energy a particle satisfies $$ {\bf p}_x^2 + {\bf p}_y^2 + {\bf p}_z^2 = 2 m E $$ In momentum space, this is precisely the equation of a spherical "shell" with radius $\sqrt{2mE}$. (See a plot here)
Now, in momentum space, the 3-momentum of a particle is described by a point. If $E$ is fixed, then the 3-momentum of the particle is only allowed to lie on the spherical shell described above, and is therefore said to be on-shell.
In quantum mechanics, a particle is allowed to not satisfy the dispersion relation. Thus, the momentum of a particle in quantum mechanics is allowed to not lie on the shell, and can be off-shell.
In a relativistic theory, the dispersion relation changes to $$ E^2 = {\bf p}^2 + m^2 \implies {\bf p}_x^2 + {\bf p}_y^2 + {\bf p}_z^2 = E^2 - m^2 $$ The corresponding constant $E$ surface is again a spherical shell, (this time of radius $\sqrt{ E^2 - m^2 }$)