What is the meaning of Holiday?

A day on which a festival, religious event, or national celebration is traditionally observed.

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).

A period during which, by agreement, the usual payments are not made.

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 in recreational travel.

Alternative form of halyday

Source: wiktionary.org