A day on which a festival, religious event, or national celebration is traditionally observed.
Today is a Wiccan holiday!
A day declared free from work by the state or government.
A period of one or more days taken off work for leisure and often travel; often plural.
A period during which pupils do not attend their school; often plural; rarely used for students at university (usually: vacation).
I want to take a French course this summer holiday.
A period during which, by agreement, the usual payments are not made.
a mortgage payment holiday
A gap in coverage, e.g. of paint on a surface, or sonar imagery.
To take a period of time away from work or study.
To spend a period of time for travel.
(usually after possessive) holiday, vacation; time off work, especially if spent travelling away from home
The season around Christmas, Hanukkah, and New Year's Day.
Where will you be spending the holidays?