Illustrate the term lazy initialization

Illustrate the term lazy initialization?

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Lazy initialization is a procedure through which an object is not initialized until it is initially called in the code. The .NET 4.0 starts a new wrapper class, i.e. System.Lazy<T>, for the execution of lazy initialization in the application. Lazy initialization assists to decrease the wastage of memory and resources requirements to progress the performance. It also supports the thread-safety.

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