Vacation

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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.
References in periodicals archive ?
"Anyone considering entering the vacation ownership industry, be they branded hotel operators or independent developers, can learn from these international experts, along with highly successful regional independents," commented Clifton.
If T uses a home equity loan instead to purchase the vacation home, the interest would be deductible as an itemized deduction rather than a rental expense (assuming T has no other home equity interest expense and he does not elect out of the home equity debt treatment).
However, to give an accurate opinion, we must in our analysis determine the economic profit, if the vacation remains unchanged and two CRNA's leave.
Vacation schedules stored in the larger system will be instantly accessible to the vacation module, enabling agents to view total slots and remaining slots without manual data entry or data import.
The idea for the Vacation Club originally grew out of a brainstorming session when someone said, "Isn't it a shame our residents can't go on vacation sometimes." Once the seed of the idea for vacations was planted, there was no stopping the administration and staff of our home.
But BV could also fall under the jurisdiction of CAS 415, since these costs are often deferred for many years, until the employee either uses the vacation time or leaves the firm.
Because the vacation home will be depreciable property to either corporation, the gain on the home (excluding the portion allocated to the land) is ordinary income if it is sold to the retail sales corporation (a related person).
Seemingly, the adventure travel group that had arranged the vacation had gone belly-up, and now Cantrell and his group were suspected of being drug smugglers.
* Use the services of a good professional travel planner (travel agent) to make planning your vacation as stress free as the vacation itself!
The creation of staySky Vacation Club echoes the continued growth of the vacation ownership industry and initially provides four new prominently placed resorts in Orlando, Florida including properties conveniently located in the heart of the popular Lake Buena Vista and International Drive tourist areas.
In the US, Wyndham Vacation Rentals acquired the vacation rental assets of Oceana Resorts, a provider with more than 25 years experience in Myrtle Beach, S.C., a market which attracts over 14m visitors annually.
The students have resumed their study activities after the vacation with renewed commitments.