They are one of the same. please read this .
EDIT (by reference):
Team Replacement
Command substitution allows you to display a command to replace the command itself. Command substitution occurs when a command is enclosed in the following command:
$(command)
or so using backlinks:
`command`
Bash performs the extension by executing the COMMAND command and replacing the command substitution with the standard output of the command, removing any trailing lines. Inline newlines are not deleted, but they can be deleted during word splitting.
$ franky ~> echo `date` Thu Feb 6 10:06:20 CET 2003
When the backslash form of the old style is used, the backslash retains its literal meaning, unless "$", "` "or" \ "follows. The first return lines not preceding the backslash complete the command replacement. When using the $(COMMAND) form, all characters between parentheses make up the command; no one is considered specifically.
Command substitutions can be nested. To nest when using the inverse structure, avoid internal backbeats with backslashes.
If the wildcard appears in double quotation marks, word breaks and file name extensions are not performed based on the results.
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