What is the difference between a border bounce and a visa run in Thailand?

The discussion clarifies the differences between a 'border bounce' and a 'visa run' in Thailand. A 'border bounce' involves exiting Thailand and immediately re-entering, often to obtain a new entry stamp without applying for a visa. In contrast, a 'visa run' requires exiting Thailand with the intention of applying for a new visa at a Thai embassy or consulate in another country, necessitating a stay until the visa is granted. Misunderstandings exist, as many people interchange these terms, but they refer to different immigration processes.