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American English v British English

That’s right!

In meaning, nothing. But, ‘holiday’ is British English and ‘vacation’ is American English. Do you know any other differences?

Here’s a little test for you. Read the following dialogue and decide if the speakers are using American English or British English.

Dialogue 1 - In a restaurant

A) I’ll have the steak with a side order of fries.
B) Have whatever you want, I’m paying.
A) No way! I’m getting the check today. You paid last time!

See my comment for the answer!