vacation

Concise Oxford English Dictionary © 2008 Oxford University Press:
vacation/vəˈkeɪʃn/

▶noun

• 1 a holiday period between terms in universities and law courts.

  ■ N. Amer. a holiday.

• 2 the action of vacating.

▶verb N. Amer. take a holiday.

– derivatives
vacationer noun (N. Amer.),
vacationist noun (N. Amer.).