A gerund is a form of a verb used as a noun, whereas a participle is a form of verb used as an adjective or as a verb in conjunction with an auxiliary verb. In English, the present participle has the same form as the gerund, and the difference is in how they are used. When used with an auxiliary verb (is walking), it serves as a verb and is the present participle. When used as an adjective (a walking contradiction) it is also a participle.