Definition, Meaning & Synonyms
bank-holiday
noun
/ˈbæŋk ˈhɒlədeɪ/
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Definition
A bank holiday is a public holiday during which banks and financial institutions are closed for business.
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Examples
- In the UK, bank holidays often observe significant historical events or celebrations.
- Many people take short vacations during a bank holiday weekend.
- Shopping centers are usually crowded on bank holidays as families take advantage of the day off.
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Meaning
Bank holidays are designated days when employees are entitled to take a day off work, and most businesses, including banks, are typically closed, giving people a chance to relax and celebrate.
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Synonyms
- public holiday
- national holiday
- statutory holiday