What is the difference between linolium and laminate flooring?

Linoleum is a continuous sheet, a sort of a vinyl with a bit of give to it.
Laminate is a series of slats joined together, sort of like formica with a masonite backer.
There's a lot more seams for liquids to leak into in laminate then linoleum.
The working lives are about the same for each, but as most laminates are floating systems and linoleum is glued down, the laminate will be cheaper to replace when the time comes.