When I create a new partition on my disk using GParted, I have the option to set both a name and a label. Some partitions I have already have both, some only a label. If I right-click on an existing partition, I can see separate options to set the partition's name and label.
But what is the difference between the name of a partition and the label of a filesystem? If I can set both and they seem to have a similar effect, does it even matter which one I choose?