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Originally Posted by Wikipedia
Scripting languages, also called script languages, are programming languages that are interpreted or compiled each time they run. Scripts are interpreted and executed directly from their source code, which are generally text files containing language specific markup. Thus, "scripts" are often treated as distinct from "programs", which are typically compiled from source code into binary executable files (i.e. machine code) only after changes and do not need to have the source available to function.
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I'm fairly sure scripts on Graal are interpreted from the source each time they are run and not compiled, unless Stefan knows something that I don't (which is highly likely :P).
Plus, we'd probably be calling our code 'programs' and not 'scripts' if gscript was a programming language. To top it off, the forum for such 'scripts' is called: NPC
scripting.