holiday

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Vacation

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.

holiday

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 periodicals archive ?
In addition, where an employee must work on a public holiday, the overtime provisions of the Labour Law will apply, i.e.
Laxmikant Parsekar said the government has not dropped Gandhi Jayanti from the list of public holidays and it could be a printing mistake.
This information can be found in the NSW Health Information Bulletin IB2014_072 Public Holidays for 2015 and 2016.
14, the anniversary of the assassination of former Prime Minister Rafik Hariri, a public holiday.
As there is still no statutory right to time off (paid or otherwise) on any public holiday, not everyone is entitled to a paid day's leave for a special occasion public holiday such as the Diamond Jubilee.
With a number of public holidays coming up, now is a good time to make sure you are clear on what you should be getting if you work on a holiday.
But remember, most of us have families and homes, although we cannot spend our time there either at Christmas or any other public holidays.
Even the hard working Americans take more public holidays than us - 10 - and the workaholic Japanese get between 15 and 20, depending on the year.
The NHS unions have been seeking an agreement from NHS Employers to ensure that the 29 April bank holiday is treated as a public holiday for the purposes of the AfC terms and conditions, but NHS Employers has only offered it as a day for plain time rate payments with time off in lieu at a later date.
At no time since bank holidays were introduced in 1871 has there been a statutory right for employees to take a bank or public holiday off work.
following a Sunday, which is a public holiday, shall also be a public
In England we have eight bank holidays: Christmas Day, Boxing Day, New Year's Day, Good Friday, Easter Monday, May Day, the spring bank holiday at the end of May and the August bank holiday Meanwhile, a few miles north and in Scotland they have nine statutory bank holidays, as well as St Andrew's Day, which has to be taken in lieu of another public holiday, while Northern Ireland has 10.