What is the difference between a local and a global variable?

A local temporary table exists only for the duration of a connection or, if defined inside a compound
statement, for the duration of the compound statement.
A global temporary table remains in the database permanently, but the rows exist only within a given
connection. When connection are closed, the data in the global temporary table disappears. However,
the table definition remains with the database for access when database is opened next time.