What is the difference between compiling and building in Delphi?

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With Delphi-6 there are two options: Build and Compile.

I know when I run a program it compiles only the files which have changed and uses the DCUs for those which haven't. When I click build apparently it rebuilds the DCUs.

What I have been wondering is, when I make a program for release (changing build settings, conditional variables, etc.) can I just compile, or do I have to do a full build?

What happens if I don't do a full build, is there any consiquence?

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