Percentile rank
A percentile rank is the percentage of values in a data set that fall at or below a given value.
Percentile rank turns a raw value into a position, which is why score reports quote it. You compute it as , where is the number of observations. If 170 of 200 test takers scored at or below your score, your percentile rank is , so you are at the 85th percentile. The two terms run in opposite directions: a percentile is a data value, while a percentile rank is the percentage attached to a value you already have.
More describing data terms, or browse the full statistics glossary.