Load Testing: Load testing is meant to test the system by constantly and steadily increasing the load on the system till the time it reaches the threshold limit.
Example For example, to check the email functionality of an application, it could be flooded with 1000 users at a time. Now, 1000 users can fire the email transactions (read, send, delete, forward, reply) in many different ways. If we take one transaction per user per hour, then it would be 1000 transactions per hour. By simulating 10 transactions/user, we could load test the email server by occupying it with 10000 transactions/hour.
Stress Testing: Under stress testing, various activities to overload the existing resources with excess jobs are carried out in an attempt to break the system down.
Example: As an example, a word processor like Writer1.1.0 by OpenOffice.org is utilized in development of letters, presentations, spread sheets etc… Purpose of our stress testing is to load it with the excess of characters.
To do this, we will repeatedly paste a line of data, till it reaches its threshold limit of handling large volume of text. As soon as the character size reaches 65,535 characters, it would simply refuse to accept more data. The result of stress testing on Writer 1.1.0 produces the result that, it does not crash under the stress and that it handle the situation gracefully, which make sure that application is working correctly even under rigorous stress conditions.