Answer / seshu

Suppose that you are creating a general purpose DLL which
provides functionality which will be used by variety of
applications. Now, instead of each client application
having its own copy of DLL you can place the DLL in 'global
assembly cache'. Such assemblies are called as shared
assemblies.

Answer / jiten

A Assembly which in the GAC and has a strong name it's call
shated assembly

Multipal apllication use the same assembly without having a
own copy of that assabley it's call share assembly

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