This is a good article written about how font embedding works.
https://forums.adobe.com/thread/1651747
On behalf of Adobe:
(1) For both InDesign “PDF export” (including InDesign Server) and Illustrator “save as PDF” functions, most but not all of the .joboptions file font embedding options are totally and utterly ignored. The options that are ignored are the Embed all fonts, Embed OpenType fonts, Always embed, and Never embed. Those options are observed by Distiller and the PDFMaker components of Acrobat.
(2) These applications will attempt to embed all fonts referenced by the document, regardless of the settings of the .joboptions file. The only reason why a font would not be embedded in a PDF file would be if (a) the font was unavailable (i.e., not installed on the system) or (b) the font's embedding permissions do not permit embedding for at least preview and print privileges. Thus, if you use the so-called Standard .joboptions (strongly not recommended for any graphic arts purposes), even the base 14 fonts (four faces each of Helvetica, Times, and Courier along with Symbol and ITC Zapf Dingbats will be embedded if your document references them.
(3) The subset threshold value of 0 (zero) may effectively cause all the glyphs of a font to be embedded in some, but not all cases. This will work for many if not most Type 1 fonts and some smaller TrueType and OpenType CFF fonts. Note that embedding all glyphs in a font is not the same as embedding a full font. For OpenType and TrueType fonts, InDesign and Illustrator never embed all the tables of the font. Such unembedded tables include those used for pair kerning, advanced OpenType features (such as ligatures, alternate representations, contextual alternates, small caps, old style figures, etc.), and extended metrics.
(4) There are plenty of bubbameissas out there with regards to the benefits or liabilities of either fully embedding or subset embedding fonts. What is true is that: (a) Acrobat never uses the embedded font for text editing - you must have the font installed on the system in order to do such edits. (b) Subset embedding or not is totally irrelevant to what a RIP does when rendering text, either for PostScript or direct PDF RIPs. Neither subset or full embedding is any more reliable than the other and the specifications of PostScript and PDF do not permit the RIP to replace the embedded font with a font with a similar name - urban legend notwithstanding!!!! (c) Third party plug-ins to Acrobat or applications that claim to allow you to edit PDF files with embedded fonts may be illegally letting you do so if the embedding permissions do not permit embedding for editable embedding or installable embedding - most fonts do not provide such embedding permissions and since the fonts are missing metric information, such editing may be somewhat lacking in quality or features.
(5) In fact some very non-tech-savvy organizations have posted requirements for full embedding of fonts in submitted PDF files (I have personally seen one such requirement by some international bureaucracy). They can post such bone-headed requirements based on limited understanding of PDF and PDF workflows, but that doesn't mean that anybody actually provides such PDF files. If in fact you run into such requirements, I would appreciate it if references to same can be forwarded to my attention by private message on these forums.
- Dov
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