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 ?
Clearly, this recent decision could be costly for employers like you but you should be aware that an employee can claim in the Employment Tribunal if their statutory holiday is not granted.
Q I AM an employer who already allows my employees to have 28 days holiday, ie 20 days plus eight statutory holidays.
Under the Working Time Regulations, statutory holidays cannot be carried over from one holiday year to the next, nor can an employer make a payment to the employee in lieu of statutory holidays which have not been taken.
One of the initial issues was how to deal with statutory holidays.
A Jaguar worker with 25 years service would receive 38 days holiday a year, including statutory holidays.
The claims are being put forward under the European Working Time Directive which entitles workers to three weeks' paid annual leave, including Bank Holiday and other statutory holidays, rising to four weeks from November.
Busy professionals who work long hours or shifts will be able to make appointments from 5am to 10pm even days a week, including statutory holidays.
Local Saskatchewan Time, Monday to Friday, excluding statutory holidays.
Variation of condition 29 of permission 07/02159/FUL (commercial premises) to extend the opening hours to 06:00 to 23:00 seven days a week including bank and statutory holidays, land at Wakefield Road, Hipperholme.
It says the new Working Time (Amendment) Regulations will increase statutory holidays to a minimum of 5.
Liverpool Direct will remain in operation throughout the festive season on 0151-233 3000 or 0151-233 3018 and One Stop Shops will be open except on statutory holidays.
I have no problem with the Government providing statutory holidays, but who says they have to be taken at the same time?

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