INLINEDEF gives the appearance of defining a function or class in a script (minus syntax highlighting), though a separate M-file containing the function or class definition is actually auto-generated and saved on the Matlab path - and is not more specifically scoped.
The main advantage of using INLINEDEF over creating the M-file directly is centralisation of source code, that is, all source code that relates only to the script can, effectively, be stored in the script. This is useful if one's work is of quite an exploratory nature where functions often have limited use outside a specific, temporary context.
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Max (2022). INLINEDEF: Define functions in scripts (https://www.mathworks.com/matlabcentral/fileexchange/50908-inlinedef-define-functions-in-scripts), MATLAB Central File Exchange. Retrieved .
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