Features of DLL
Since DLLs are essentially the same as EXEs, the choice of which to produce as part of the linking process is for clarity, since it is possible to export functions and data from either.
It is not possible to directly execute a DLL, since it requires an EXE for the operating system to load it through an entry point, hence the existence of utilities like RUNDLL.EXE or RUNDLL32.EXE which provide the entry point and minimal framework for DLLs that contain enough functionality to execute without much support.
DLLs provide a mechanism for shared code and data, allowing a developer of shared code/data to upgrade functionality without requiring applications to be re-linked or re-compiled. From the application development point of view Windows and OS/2 can be thought of as a collection of DLLs that are upgraded, allowing applications for one version of the OS to work in a later one, provided that the OS vendor has ensured that the interfaces and functionality are compatible.
DLLs execute in the memory space of the calling process and with the same access permissions which means there is little overhead in their use but also that there is no protection for the calling EXE if the DLL has any sort of bug.
Read more about this topic: Dynamic-link Library
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