Function: The main purpose of a PL/SQL function is generally to compute and return a single value. A function has a return type in its specification and must return a value specified in that type.

Procedure: A procedure does not have a return type and should not return any value but it can have a return statement that simply stops its execution and returns to the caller. A procedure is used to return multiple values otherwise it is generally similar to a function.

Package: A package is schema object which groups logically related PL/SQL types , items and subprograms. You can also say that it is a group of functions, procedure, variables and record type statement. It provides modularity, due to this facility it aids application development. It is used to hide information from unauthorized users.