Definition, Meaning & Synonyms

bank-holiday

noun

/ˈbæŋk ˈhɒlədeɪ/

Definition

A bank holiday is a public holiday during which banks and financial institutions are closed for business.

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.

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.