Is Python a compiled language or an interpreted language?

Hi, I need to know is python a compiled language or an interpreted language

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At many places, it is written that Python is an interpreted language. But, this is not correct. The python code first compiled and after that, it gets interpreted.

Many coders say Pythion is interpreted because the compilation part remains hidden from the coders. After compilation, the executed code creates byte code and it is converted by PVM* according to the platform(Machine+OS).

*Here, PVM stands for python virtual machine

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