A director is the most basic and the lowest level of executive in a corporation. The Managing Director (MD) and the CEO are quite similar. In fact, depending on the context, they are the same. The US has CEOs...

Quit is just an informal way of saying resign. Both essentially mean the same thing, except resign is used in a more formal and professionally manner, whereas quit is more colloquial and informal.

A layoff is basically when a person has to be let go from their job or position, mainly because the company cannot afford to keep them around. This is due to no fault of the employee, and is often due to...

An invoice is basically a bill that lists the goods or services rendered and the cost of those goods or services. A receipt is an acknowledgement that the customer has paid his bill either in full or in part.

The most basic difference between them is the fact that the federal loans are provided by the government, whereas the private loans are provided by organizations in the private sector, such as private banks,...