
Bank holiday
A bank holiday is a designated public holiday during which banks and many businesses close for the day. The term originated in the UK, where certain days were set aside for banks to close, allowing employees to have a day off work without affecting pay. Bank holidays can vary by country and often coincide with national celebrations, historical events, or religious observances. On these days, public services may also operate on reduced hours, and many people use the time for leisure activities or family gatherings.
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A bank holiday refers to a public holiday during which banks and many businesses are closed. The term originated in the UK, where specific days were designated for banks to close, allowing workers time off without losing wages. In many countries, bank holidays are established by the government and can commemorate events, such as national celebrations or religious observances. On these days, services and stores may operate on limited hours or close entirely, giving people the opportunity to relax and spend time with family or participate in community activities.