laurence olivier has only received american acting honors
olivier s honours included a knighthood lrb 1947 rrb  a life peerage lrb 1970 rrb and the order of merit lrb 1981 rrb
the dignity of knight bachelor is the most basic and lowest rank of a man who has been knighted by the monarch but not as a member of one of the organised orders of chivalry  it is currently a part of the british honours system