Define a private assembly and a shared assembly - .Net Assembly

Define private assembly and a shared assembly.

Private assemblyShared assembly
It is stored in the application's directory.It is stored in the global assembly cache.
It is used by a single application.It is used by multiple applications.
It cannot be referenced outside the scope of the folder where they are kept.It can be referenced by more than one application.
It is available to particular where they are kept.It is a public assembly that is shared by multiple applications.
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