Meaning of “vacation” - Learner’s Dictionary

vacation

noun [ C, U ] uk us /vəˈkeɪʃən/ US  /veɪˈkeɪʃən/
AWAY FROM HOME US (UK holiday)

a period of time when you are not at home but are staying somewhere else for enjoyment:

We're taking a vacation in Florida.
We met Bob and Wendi on vacation.
AWAY FROM WORK mainly US

a period of the year when schools or colleges are closed:

the summer vacation
He's on vacation for three months.

(Definition of “vacation noun” from the Cambridge Learner’s Dictionary © Cambridge University Press)