How is a process of PL/SQL compiled?

Compilation process includes syntax check, bind and p-code generation processes.
Syntax checking checks the PL/SQL codes for compilation errors. When all errors are corrected, a storage address is assigned to the variables that hold data. It is called Binding. P-code is a list of instructions for the PL/SQL engine. P-code is stored in the database for named blocks and is used the next time it is executed.