All the earlier examples were examples of static parameters. Before the cmdlets of the function are executed, these parameters come into existence and remain available for the entire duration of the scope of the function. Dynamic parameters are those parameters that are defined in such a way that depending on certain conditions only, they come into existence. It may be designed in such a way that a dynamic parameter will come into existence only when another parameter is used in the function or a parameter has a certain value. So, late binding is applied for these types of parameters.
For example, let's discuss the following requirements: