->Routine is not loaded until it is called
->Better memory-space utilization; unused routine is never loaded.
->Useful when large amounts of code are needed to handle infrequently occurring cases.
->No special support from the operating system is required implemented through program design.
->Linking postponed until execution time.
->Small piece of code, stub, used to locate the appropriate memory-resident library routine.
->Stub replaces itself with the address of the routine, and executes the routine.
->Operating system needed to check if routine is in processes’ memory address.
->Dynamic linking is particularly useful for libraries.
->Keep in memory only those instructions and data that are needed at any given time.
->Needed when process is larger than amount of memory allocated to it.
->Implemented by user, no special support needed from operating system, programming design of overlay structure is complex.