What is MSIL, IL?

Intermediate Language. Also known as MSIL (Microsoft Intermediate Language) or CIL (Common Intermediate Language). All .NET source code (of any language) is compiled to IL. The IL is then converted to machine code at the point where the software is installed, or at run-time by a Just-In-Time (JIT) compiler.

IL: (Intermediate Language) A language used as the output of a number of compilers and as the input to a just-in-time (JIT) compiler. The common language runtime includes a JIT compiler for converting MSIL to native code.