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American English
Banks do not pay interest on current accounts in Britain (account holders can pay by cheque). Banks pay interest on deposit accounts, which are designed for people to save money. Account holders of checking accounts can pay by check. They save money in a savings account.
When a limited company sells its assets to pay its debts it goes into liquidation. When private individuals or partnerships do the same, they go bankrupt. When companies or private individuals sell their assets to pay their debts, they go bankrupt or go into bankruptcy.
An order is a request for goods. A note is a piece of paper money, eg a £10 note. A bill is a request for payment. A purchase order (po) is a request for goods. A bill is a piece of paper money. eg a $10 bill
A cheque is an order to a bank to pay money to someone. A check is an order to a bank to pay money to someone. A check is also a bill received by a customer in a restaurant.
A sales assistant is someone who serves in a shop. A sales clerk is someone who serves in a shop.
A sum of borrowed money is called capital. A sum of borrowed money is called principal.
A supplier quotes a price for goods or gives a quotation. A supplier quotes a price for goods or gives a quote.
The past participle of get is got. Additional information in a sentence is sometimes given in brackets (). The past participle of get is gotten. Additional information is sometimes given in parentheses ().
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