In simple words, A panic attack refers to the sudden sensation of deep discomfort or uneasiness that peaks in seconds. It contains both neurological as well as psychological emotional symptoms, or behavioural signals.
Panic disorder relates to frequent, sudden severe anxiety accompanied by at least 1 third of: Constant anxiety for another traumatic event or the consequences of a panic attack or Major changes in actions in conjunction with incidents (e.g. refusing activity or locations for anticipation of traumatic event).