Python binds the name to the expression’s value
Python is loosely typed in a way that names are not required to be declared for their types. You can simply assign any type of data to a single variable
>>> x = 1 # x is a name bound to value 1
>>> x = ‘Hello’ # same name now stores a string
>>> print x
Python is a strong object oriented in a way that everything is an object; be it is a string, number, function, exception, etc. everything is just an object.