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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.
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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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
And just as God considered the seventh day to be a holy day because it was his day of rest, so Man, with his creative mind, began to pin thoughts about creation, heaven and earth, night and day onto the days of the week and months of the year.
The event will be at one of the member's homes in Castle View, Caerphilly, starting at 7.30pm, on the eve of the Holy Day on Wednesday, October 19.
How can it be work if Jesus relieves the suffering of a human being but not be deemed work if the religious leader cares for an animal on the same holy day? Jesus takes the leader's own use of the word work, dissects its definition, and makes plain the inappropriate application of fault to what he (Jesus) has done.
The Rev Richard Taylor, vicar of St Cuthbert's and chairman of Churches Together in Blyth, had pressed to retain the sanctity of the holy day.
Rosh Hashanah is the first in a series of high holy days where renewed responsibility is practiced through religious observance.
While his holiday is grimly ironic, it also alludes meaningfully to the holy day as a commemoration of a saint's death.
Those who in previous times thronged to the site of our most joyous holy day bringing with them thoughts of love and peace as gifts to the Prince of Peace, now stay away out of fear.
June 3 is also Pentecost, a Roman Catholic holy day. The Vatican said the body, encased in a bronze and crystal coffin, will be on display for the faithful to venerate.
Observance of Sunday as a holy day is under increasing assault, Pope John Paul II has asserted.
The day after Thanksgiving is a high holy day in our consumer society.
One need only be in Mea Shearim in Jerusalem as the sabbath approaches to witness the significance of sundown for marking both the beginning and ending of this Jewish holy day. Leakey's efforts to transform the hours of the day into millions of years were pure allegory.
"Every day is a holy day, a day of atonement," says the performer who also once told an interviewer: "If I can cover the gamut from Courtney Love to Jackie Bouvier Onassis, I think that says it all."