A Rate of Reaction (or Reaction Rate) is measured by the rate at which a reactant is used up, or the rate at which a product is formed or the concentration (amount per unit volume) of a product that is formed in a unit of time or the concentration of a reactant.
Reference Definition by Aiche.org: Rate of Reaction is the rate at which the conversion of reactants takes place. The rate of reaction (r) is a function of concentrations (F(c)) and the reaction rate constant (k): r = koF(cA,cB,…,cX). The heat (q) produced by a reaction is a linear function of the rate of reaction which makes the rate of reaction a basic parameter in determining the required cooling capacity during all stages of the reaction process.
Related Definitions in the Project: The Process Engineering; Property and Unit