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A period of time during which one ordinarily would work but does not, normally to engage in some pleasure. One may spend a vacation traveling, relaxing or simply organizing one's personal life. Many companies offer paid vacation time to employees after a certain period of employment. Some jurisdictions require paid vacations.


A day set apart for commemorating an important event.The term is used often in contracts and leases when computing time,as when a certain number of days are allowed for an action, but if the due date falls on a weekend or holiday,it will be the next business day.Leases,in particular,limit delivery of certain services,such as heating and air conditioning,on weekends and holidays. The better practice is for the contract or lease to define the holidays meant by it.In the absence of such a definition, holidays will usually include federal holidays, when federal offices are closed, and may include state holidays when state offices are closed,if different.

References in classic literature ?
Many of these fables are characterized by the strictest observance of these rules.
And, again, this too tranquillized them, by bringing them under the rule of traditional, narrowly localized observances.
PESHAWAR -- Inspector General of Police Khyber Pakhtunkhwa Nasir Khan Durrani Thursday visited police command post in Kohati gate to review security arrangements for peaceful observance of Muharram.
Following the interment at Beth Israel Memorial Park, Waltham, memorial observance will be at the home of Jim and Andrea Baron, Tuesday until 8 pm, Wednesday 3-8 pm.
Proposed day of observance is set to celebrate the haunted, paranormal and supernatural community
Eighty six percent of poll respondents positively assessed observance of women's rights in business in Kyrgyzstan.
A MINISTER is quitting the Kirk along with half his congregation in a row over plans to scrap religious observance in schools.
until exhausted observance of the contract quantities.
Scottish Borders Council education chiefs have drawn up new guidelines for religious observance in schools following a report carried out by representatives of both the Church of Scotland and the Catholic Church as well as religious teaching staff.
The CTO informed that special campaigns were launched in the past by the traffic police to educate road users especially motorists about observance of traffic rules which are for their own safety.
What follows is a small portion of an ethnographic study into kashrut observance, undertaken both to learn one tradition's specifications determinative of table fellowship and to explore the Christian habits of mind in encounter with such specifications.
Summary: The UAE's financial markets will remain closed on Thursday 1 December 2011 in observance of the new Islamic Hijri year 1433 and the UAE's 40th anniversary of the National Day, the Securities and Commodities Authority (SCA) announced.