The simple between JavaScript Arguments vs Parameters is arguments are the actual values and parameters are the aliases for the values that will be passed to the function.
// a, b, and c are the parameters
var foo = function( a, b, c ) {};
// 1, 2, and 3 are the arguments
foo( 1, 2, 3 ); Parameters are variables listed as a part of the function definition. Arguments are values passed to the function when it is invoked.
JavaScript arguments vs parameters
Simple example code.
<!DOCTYPE html>
<html>
<body>
  <script>
      function fun(x) //x is the parameter 
       { 
        console.log(x);
        console.log("Arguments vs Parameters"); 
      } 
    fun(500); //5 is the argument to the function 
  </script>
</body>
</html>
Output:

Here’s a tabular representation of JavaScript arguments and parameters:
| Aspect | Parameters | Arguments | 
|---|---|---|
| Definition | Variables listed in the function signature | Values passed to a function during a call | 
| Location | Defined in the function declaration | Passed when calling the function | 
| Purpose | Represent placeholders for incoming values | Actual values supplied during invocation | 
| Example Function | javascript function addNumbers(a, b) { /*...*/ } | javascript addNumbers(5, 3); | 
| Flexibility | Must match the function’s parameter list | Can be more or fewer than the parameters | 
| Handling Extras | Unused arguments are ignored | Missing arguments become undefined | 
This table summarizes the key differences between parameters and arguments in JavaScript.
Do comment if you have any doubts or suggestions on this Js arguments and parameters topic.
Note: The All JS Examples codes are tested on the Firefox browser and the Chrome browser.
OS: Windows 10
Code: HTML 5 Version