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A PowerShell script is simply a text file with a .ps1 extension that contains a list of commands PowerShell should execute. However, PowerShell's secure by default philosophy prevents all scripts from running, so double-clicking a PowerShell script from Windows Explorer won't execute it.
To run scripts using the command-line-based script host (Cscript.exe) script name is the name of the script file, including the file name extension and any necessary path information. host options are the command-line switches that enable or disable various Windows Script Host features. Host options are always preceded by two slashes (//).