From John Lovering Campbell Dart:

"Consider first the Ordination of priests. It is called the "Form and Matter of Ordering of Priests." It is ordered that there be a sermon "declaring the duty and office of such as come to be admitted Priests; how necessary that Order is in the Church of Christ and also how the people ought to esteem them in their office." Then according to immemorial custom, "the Archdeacon shall present to the Bishop (sitting in his chair near to the Holy Table) all them that shall receive the Order of Priesthood." These terms "Priest" and "Priesthood" are the only ones which the Church of England uses to indicate the second order of the ministry. They have a very important bearing on the matter under discussion. The Ordinal has never been officially translated into Latin, but the Prayer Book has. Whenever the word Priest occurs in the English book it is always translated as "sacerdos." For example, in the rubric before the recital of the Commandments there is the direction "Then shall the Priest rehearse"--"tunc recitabit Sacerdos;" "after the collects the Priest shall read the Epistle"--"Post hac collectas, Sacerdos;" in the Visitation to the Sick "the Priest entering"--"ingrediens Sacerdos." The point of this is that there is another term, which it would have been possible to use, the word Presbyter. If there is any difference in meaning then "sacerdos is a somewhat stronger word. In classical Latin it meant "one who sacrifices." Presbyter, or Elder, is the New Testament term, and does not necessarily carry with it any sacrificial connotation. But "sacerdos" is inextricably mixed up with sacrificial ideas. Rome in the Form which, as we shall see presently, is now declared to be the essential Form, is content to use "presbyter." But the Church of England always uses the term "priest" or "sacerdos" whenever the second order of ministry is indicated. In the ordination service of Elizabeth, including rubrics, the term occurs twelve times. In 1662 still another was inserted. It is clear then that men being ordained are raised to a "sacerdotal" rank and dignity."