Differentiate between logical and physical address.

Logical Vs physical address space
(1) An address generated by the CPU is commonly referred to as a logical a logical address. The set of all logical addresses generated by a program is known as logical address space. Whereas, an address seen by the memory unit- that is, the one loaded into the memory-address register of the memory- is commonly referred to as physical address. The set of all physical addresses corresponding to the logical addresses is known as physical address space.
(2) The compile-time and load-time address-binding methods generate identical logical and physical addresses. However, in the execution-time address-binding scheme, the logical and physical-address spaces differ.
(3) The user program never sees the physical addresses. The program creates a pointer to a logical address, say 346, stores it in memory, manipulate it, compares it to other logical addresses- all as the number 346.
Only when a logical address is used as memory address, it is relocated relative to the base/relocation register. The memory-mapping hardware device called the memory- management unit(MMU) converts logical addresses into physical addresses.
(4) Logical addresses range from 0 to max. User program that generates logical address thinks that the process runs in locations 0 to max.
Logical addresses must be mapped to physical addresses before they are used. Physical addresses range from (R+0) to (R + max) for a base/relocation register value R.
(5) Example: 

Mapping from logical to physical addresses using memory management unit (MMU) and relocation/base register

The value in relocation/base register is added to every logical address generated by a user process, at the time it is sent to memory, to generate corresponding physical address.
In the above figure, base/ relocation value is 14000, then an attempt by the user to access the location 346 is mapped to 14346.