What is the difference between knitted and garterized pants?

For knitted pants, we use a special waistband that is knitted or ribbed that is stretchable. It can be tightened with the string. In garterized pants, we put a garter on the waistband and passed through gartering machine to have a ribbed look at the back. It can also be tightened with a string. See the difference in photo below: