An assembly is a file that is automatically generated by the compiler upon successful compilation of every .NET application. It can be either a Dynamic Link Library or an executable file. It is generated only once for an application and upon each subsequent compilation the assembly gets updated. The entire process will run in the background of your application; there is no need for you to learn deeply about assemblies. However, a basic knowledge about this topic will help you to understand the architecture behind a .NET application.
An Assembly contains Intermediate Language (IL) code, which is similar to Java byte code. In the .NET language, it consists of metadata. Metadata enumerates the features of every "type" inside the assembly or the binary. In addition to metadata, assemblies also have a special file called Manifest. It contains information about the current version of the assembly and other related information.
In .NET, there are two kinds of assemblies, such as Single file and Multi file. A single file assembly contains all the required information (IL, Metadata, and Manifest) in a single package. The majority of assemblies in .NET are made up of single file assemblies. Multi file assemblies are composed of numerous .NET binaries or modules and are generated for larger applications. One of the assemblies will contain a manifest and others will have IL and Metadata instructions.
The main benefit of Intermediate Language is its power to integrate with all NET languages. This is because all .NET languages produce the same IL code upon successful compilation; hence, they can interact with each other very easily. However, .NET is not yet declared as a platform-independent language; efforts are on at Microsoft to achieve this objective. As of today, .NET applications are equipped to run only on Windows.