Definition of "bank holiday" [bank holiday]

• A day on which banks are legally closed. (noun)
• Chiefly British A legal holiday when banks are ordered to remain closed. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "There's a rumor the governor'll declare Monday a bank holiday and close the banks for as long as needed — it's just a matter of time before cash becomes available to stop the loss of confidence."