Exit Rate vs Bounce Rate

[makoo]

Hello everyone,
What is the difference between Exit Rate vs Bounce Rate. can anyone define it in simple words ?

[radhamadhavmarb]

For all pageviews of a page, the exit rate is the percentage of the last time in a session. Bounce rate is the percentage of only one session for all sessions that start with a page. The bounce rate for a page is only based on sessions that started with that page.