A pressure regulator is a valve that controls the pressure of a fluid to a desired value, using negative feedback from the controlled pressure. Regulators are used for gases and liquids, and can be an integral device with a pressure setting, a restrictor and a sensor all in the one body, or consist of a separate pressure sensor, controller and flow valve.
Pressure regulator for domestic water supply. Outlet pressure is set with the blue handwheel and shown on the vertical scale.
A valve is a device or natural object that regulates, directs or controls the flow of a fluid by opening, closing, or partially obstructing various passageways. Valves are technically fittings, but are usually discussed as a separate category. In an open valve, fluid flows in a direction from higher pressure to lower pressure. The word is derived from the Latin valva, the moving part of a door, in turn from volvere, to turn, roll.
These water valves are operated by rotary handles.
Valve disc
The shut off butterfly valve for a Francis turbine at Gordon Power Station, Tasmania
Ball valve