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Question
#12402. Brainy Blonde
asks:
What is a "Bank Holiday," opposed to a bank being closed because of a holiday?
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Gnomon
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In the UK and Ireland, Bank Holiday is the name commonly given to a public holiday, when all government departments, schools and banks are closed. Up to recently, all businesses closed as well, including supermarkets. I think the name started because the banks were the first to offer such holidays. Before that everyone worked 6 days every week of the year, including Christmas Day.
Jun 13 01, 8:47 AM
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finlady
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Bank holiday in the states is a phrase that was coined during the depression. FDR, 2 days after his inauguration declared a 4 day 'Bank holiday' while congress rushed to pass the Emergency Banking Act. The term 'bank holiday' now means any closing of the bank that is not a recognized holiday.Have a good day BB.
Jun 14 01, 1:14 PM
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Brainy Blonde
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Thank you both, for answers from two different countries. In Canada, it is what
we would call a government holiday. Everyone has to work except people that work
for the government or have it in their union contract.
Jun 14 01, 10:55 PM
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