What is the difference between private and shared assembly?

[beingchinmay]

Shared assembly is used by multiple application and should have a strong name. Private assembly is used inside an application   and they don’t require strong name.

[Lishmalinyjames]

A private assembly is normally used by a single application and is stored in the application's directory, or a sub-directory beneath. A shared assembly is intended to be used by multiple applications and is normally stored in the Global Assembly Cache (GAC), which is a central repository for assemblies.

[saravanan28]

A private assembly is normally used by a single application, and is stored in the application's directory, or a sub-directory beneath. A shared assembly is intended to be used by multiple applications, and is normally stored in the Global Assembly Cache (GAC), which is a central repository for assemblies.

[Lishmalinyjames]

A private assembly is normally used by a single application, and is stored in the application's directory, or a sub-directory beneath. A shared assembly is intended to be used by multiple applications, and is normally stored in the Global Assembly Cache (GAC), which is a central repository for assemblies.