Method Overloading: 

Method Overloading is an example of Compile time polymorphism. In this, more than one method of the same class shares the same method name having different signatures. Method overloading is used to add more to the behavior of methods and there is no need of more than one class for method overloading.

Note: Python does not support method overloading. We may overload the methods but can only use the latest defined method.

Method overloading and method overriding are two important concepts in object-oriented programming (OOP). Both these concepts are used in Python to handle polymorphism, which is one of the key features of OOP.

Method Overloading: Method overloading is a technique that allows you to define two or more methods in a class with the same name but different parameters. In Python, method overloading is not supported directly because it is a dynamically typed language, which means the data type of a variable can change at runtime. However, you can achieve method overloading in Python by using default arguments or using the *args and **kwargs parameters.

Method Overriding: Method overriding is a technique that allows a subclass to provide its own implementation of a method that is already defined in its superclass. This means that the subclass can replace the behavior of the superclass method with its own behavior. In Python, method overriding is achieved by defining a method in the subclass with the same name as the method in the superclass. When the method is called on an instance of the subclass, the subclass method is called instead of the superclass method.

The main difference between method overloading and method overriding is that method overloading is used to define multiple methods with the same name in a single class, while method overriding is used to replace the behavior of a method in the superclass with the behavior of a method in the subclass.