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 ?
Mexico has the lowest in the world with only seven public holidays each year although the government permits a few more 'optional' public holidays, at the employer's discretion.
Whether an employee can be required to work on a public holiday or not depends on the terms of their employment contract.
Those employees who do not work on the public holidays are entitled to be paid for the day, provided such day is a usual day of work.
We would urge the management side to reflect on the bad feeling that will be created among NHS staff (and the potential bad publicity that may follow) if they find they are being required to work on a public holiday for no extra money when other workers in other sectors/industries are receiving an enhancement'
The public holiday had been announced by the press in time for the arrival of King Abdullah on Wednesday afternoon after a successful three-month long medical trip to the United States and Morocco.
But those who include public holidays within the annual leave entitlement face a simple choice: give staff the day off out of goodwill; close down the business on April 29 but take it out of workers' holiday entitlement; or keep calm and carry on.
According to the Public Holidays Act, 1990 (Act 26 of 1990) the Monday,
Now, a draft law was submitted to the Council of Ministers for approval to declare May Day a public holiday.
Rob Marris (Lab Wolverhampton South West) called for April 23, the patron saint's day, to become a public holiday in England.
Down south it's an official Public Holiday, which means we all get a day off like Christmas Day.