holiday holiday /ˈhɑːlɪˌdeɪ/

noun

1. () [British] Leisure time away from work devoted to rest or pleasure  ( holiday [British] , vacation )
   leisure time away from work devoted to rest or pleasure
    We get two weeks of vacation every summer
   we get two weeks of vacation every summer
    We took a short holiday in Puerto Rico
   we took a short holiday in Puerto Rico
   
2. () A day on which work is suspended by law or custom  ( holiday )
   a day on which work is suspended by law or custom
    No mail is delivered on federal holidays
   no mail is delivered on federal holidays
    It's a good thing that New Year's was a holiday because everyone had a hangover
   it's a good thing that New Year's was a holiday because everyone had a hangover
   
   

verb

1. [Canadian, British] Spend or take a vacation  ( holiday [Canadian, British] , vacation [ N. American] )
   spend or take a vacation
     We plan to vacation in a tropical paradise next month.
   We plan to vacation in a tropical paradise next month.