the.com/product rule

Differentiate a team sport: one factor runs while the other holds still, then switch.

means The calculus rule for differentiating a product of two functions: the derivative is the first function times the derivative of the second, plus the second function times the derivative of the first.

from Not a word with a colorful backstory but a mathematical result — it falls out of the definition of the derivative as a limit. Expand (f(x+h)g(x+h) − f(x)g(x))/h, cleverly add and subtract f(x+h)g(x) in the numerator, split the fraction in two, and let h shrink to zero: one piece becomes f times g's derivative, the other becomes g times f's derivative. The name itself is plain and functional, dating to when calculus textbooks began cataloguing differentiation techniques — 'product rule' simply because it tells you what to do with a product.

formula
(fg)' = f'g + fg'
common mistake
multiplying the derivatives together instead
extends to
three or more factors, one term each
cousin rule
quotient rule is just this plus subtraction
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