What is the difference between a blog and a website?

Vijayanths you explained it with detail,i understand it. lol

A blog is online diary where the blogger can write posts on personal interests, reviews, experiences and many more. A website is a standard place, where the company cannot go for personal opinions of its business. It is for publishing formal and official information. Websites content seldom can be changed easily and frequently. Whereas, content in blogs can be updated easily with WYSIWYG based text editor..... As blogs are personal online diaries, they are not created with a focus on marketing, which makes them vibrant in terms of layout, design, and content. Therefore, visitors often come to read personal reviews, opinions, or personal details. Websites are created with specific purpose. This may restrict them in designing, structuring, and presenting the website.....Websites give overview of a company, and give information about the products, and services but does not take any feed back. Communication flow in blogs is two-way. After reading the blog, readers give feedback in form of comments. Generally for websites, it is one-way communication. Creation of a website for a company may force to spend huge amount of money for domain registration, web hosting, content development, etc. For creating a blog, its takes only a few dollars to host or even you can do it free using some blog service providers like Blogger, or WordPress etc.

You have explained it more precisely. Only thing to add is a website is owned by a single user, and that user provides services to others. In blogs, there is usually a blogspot, where many users can create separate space for themselves.