holiday - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “holiday”

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holiday

noun
 
 
/ˈhɒlədeɪ/
[C] UK ( US vacation) a time when you are away from home, and can relax, visit new places, etc.: go on holiday Are you going away on holiday this year? Online holiday sales are up 28% compared with the same period last year. a holiday company holiday insurance
[C] UK ( also holidays [plural], US vacation) HR a time when someone does not go to work but is free to do what they want, such as travel or relax: My PA does most of my work when I'm on holiday. She had already used all her holiday entitlement. holiday pay the summer holidays How many days of vacation do you get a year?
[C] an official day when most people do not go to work and schools, banks and many businesses are closed: Wall Street was closed for a public holiday. May 1 is a holiday in many countries.
the holidays [plural] ( US also the holiday season [S]) the period between late December and early January that includes Christmas, Hanukkah, and New Year: Online sales were buoyant during the holidays.
[C] UK FINANCE a time when you do not have to pay something that you usually have to pay: take a holiday from sth If you are in financial difficulties, ask your bank whether you can take a holiday from interest repayments. a tax/contribution/mortgage holiday
→  See also bank holiday , contribution holiday , national holiday , package holiday , public holiday
(Definition of holiday from the Cambridge Business English Dictionary © Cambridge University Press)
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