A general leave of absence from a regular occupation for rest or recreation
A specific trip or journey for the purposes of recreation / tourism
Official or unofficial observances of religious/national/cultural/other significance, often accompanied by celebrations or festivities (public/religious holiday)
A holiday or vacation trip/break will often be undertaken during specific holiday observances, or be made for specific festivals or celebrations. Certain religious holidays may be of a more somber nature. Vacation or holidays are often used as a time to spend with friends or family.
Longer breaks from a career or occupation also exist, such as a sabbatical, gap year or career break
Etymology
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Holiday
Holiday is a contraction of holy and day, holidays originally represented special religious days. This word has evolved in general usage to mean any special day of rest (as opposed to regular days of rest such as the weekend). Countrywide Holidays stands for when everybody plans for holidays or a break.
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Vacation
In the United Kingdom the word "vacation" referred specifically to the long summer break taken by the law courts (and later universities)—a custom introduced by William the Conqueror from Normandy where it was intended to facilitate the grape harvest. The French term is similar to the American English: "Les Vacances." The term derives from the fact that, in the past, upper-class families would literally move to a summer home for part of the year, leaving their usual family home vacant for countrywide holidays.
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Regional meanings
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As a trip
Vacation is a term used in English-speaking North America to describe a lengthy time away from work or school, a trip abroad, or simply a pleasure trip away from home, such as a trip to the
Bibliography: Holidays -- Calendars and Lists at the Open Directory Project National and Public Holiday of all Countries Holiday Stress Brings Anxiety and Abuse (ABC News) Calendar of all legal Public and Bank Holidays worldwide, until 2050 Daily Holiday Calendar