"To Quilt" is the process of putting the top, back & batting (if any) together and stitching or tying the "sandwich".
The finished item is:
a QUILT if it is used on a bed or over a person like a lap quilt.
Wall-hanging if it goes on a wall. the QUILTING PROCESS was used to make the wall-hanging, table runner, purse etc.
The terms above are traditional.
My pet peeve is calling a QUILT a blanket! A Blanket is woven, not QUILTED.
Phyllis, 82 yrs in Oregon
70 yrs quilting.
Call me the quilting police if you want---but be sure to read the word "traditional".