1. The last letter of the English alphabet
2. A letter with two pronunciations. One British one not
American: itâs zee you fucking retarted piece of shit!
British: Itâs zed you fockinâ dumb cunt! Get it right next time innit!
American: *cocks gun* sorry, I canât hear you. Please speak into my microphone
British: If you kill me, then itâs zed
You get the point