Dynamic loading is a mechanism by which a computer program can, at runtime, load a library into memory, retrieve the addresses of functions and variables contained in the library, execute those functions or access those variables, and unload the library from memory.

In this mechanism, the libraries are discovered at runtime and linked to the program until its usage is over. So, the libraries are linked dynamically.
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I went to a restaurant that serves "breakfast at any time". So I ordered French Toast during the Renaissance.