Holomorphic and analytic functions are equivalent in the context of complex analysis, as both terms imply a function is complex differentiable in a neighborhood of a point. However, outside the complex plane, the terms can diverge; for instance, a function can be differentiable at a point without being analytic if it lacks a convergent power series representation in an open set around that point. An example is the function f(z) = |z|, which is differentiable at the origin but not analytic anywhere else due to failing the Cauchy-Riemann equations in any neighborhood. Additionally, functions with compact support, like bump functions, can be smooth but not analytic, highlighting the distinction between differentiability and analyticity. Understanding these differences is crucial in complex analysis and helps clarify the properties of various functions.