How are the differences between Applets and Applications (Applets)

Question :How are the differences between Applets and Applications? (Applets)
Answer :Application:
-Applications are Stand Alone and do not need web-browser.
-Execution starts with main().
-May or may not be a GUI.
Applets
-Needs no explicit installation on local machine. Can be transferred through
Internet on to the local machine and may run as part of web-browser.
-Execution starts with init() method. Must run within a GUI (Using AWT /
Swing)