> but  as  a language (an interpreted one at that)

Managed !== interpreted.

.NET runs compiled: code is JIT- or pre-compiled before execution into
a  native  image.  What can be confusing is that uncompiled code still
needs  to  be  present  on  the  system,  even  when  the  code  has a
pre-compiled  (NGEN)  version.  But  the  compiled  version is what is
running.

-- S.

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