The major difference is you do the function definition just prior to the assignment. The "namespace pollution" is literally limited to the scope of "some_method", so you have an extra local var in a function somewhere. The semantics of python mean that the function is created on the stack, and a closure is created each time the some_method is called, and the closure is later GCed as any other object would be, so there is nothing fundamentally different about the "named" function, and the "anonymous" function in you example, except a single local variable.