Example 1: These are two design approaches, which can be explained as:

You can imagine a tree like structure , in which when you are following top-down approach
you move from root node to leaf node and when you follow bottom-up approach you follow
leaf node to root node.

Top-down approach:
In this an overview of the system is first formulated, specifying but not detailing any first-
level subsystems. Each subsystem is then refined in yet greater detail, sometimes in many
additional subsystem levels, until the entire specification is reduced to base elements.

Bottom-up approach:
In this approach the individual base elements of the system are first specified in great detail.
These elements are then linked together to form larger subsystems, which then in turn are
linked, sometimes in many levels, until a complete top-level system is formed.

Example2:

Top down design proceeds from the abstract entity to get to the concrete design. Bottom up
design proceeds from the concrete design to get to the abstract entity.

Top down design is most often used in designing brand new systems, while bottom up design
is sometimes used when one is reverse engineering a design; i.e. when one is trying to figure
out what somebody else designed in an existing system.

Bottom up design begins the design with the lowest level modules or subsystems, and
progresses upward to the main program, module, or subsystem. With bottom up design, a
structure chart is necessary to determine the order of execution, and the development of
drivers is necessary to complete the bottom up approach.

Top down design, on the other hand, begins the design with the main or top-level module,
and progresses downward to the lowest level modules or subsystems.
Top-Down assembly modeling
Top-down assembly modeling is an assembly-centric modeling method where the assembly
design is started at the highest level possible and individual parts and subassemblies are
defined within the context of the overall assembly. With this approach, an assembly layout is
typically created first, and this assembly layout is used to define individual part geometry and
position.
This approach is often used at companies where the product being designed is large enough
that it requires many people to complete the design. A senior-level designer might create the
initial assembly layout, then divide the assembly layout into logical subassemblies and parts
for the remainder of the organization to complete.
Bottom-Up assembly modeling
Bottom-up assembly modeling is a part-centric modeling method where the assembly design
is started with a principal structural or functional element, and individual parts are designed
in relative isolation from the overall assembly. Component parts and subassemblies are
defined as the process moves up towards the top-level assembly. With this approach, as the
design of a key component is completed, its geometry may or may not be used to aid the
design of related mating components.
This approach is often used at companies where the product being designed is small enough
that one or only a few people are needed to complete the design.