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Bank Holiday
(redirected from Bank Holiday Monday)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
Bank Holiday
Various
In England there are typically six "bank holidays"—weekdays when the banks are closed for business: New Year's Day, Good Friday, Easter Monday, Early May Bank Holidays, Spring Bank Holiday (in late May), August (or Summer) Bank Holiday, Christmas, and Boxing Day. These official public holidays were established by law in 1871 and are traditionally spent at local fairgrounds.
In the United States, the Great Depression of 1929 had caused many people to withdraw their savings, and the banks had trouble meeting the demand. In February 1933 the Detroit banks failed and this caused a country-wide panic. President Franklin D. Roosevelt proclaimed his first full day in office (March 6, 1933) a national "Bank Holiday" to help save the country's banking system. The "holiday" actually lasted 10 days, during which "scrip" (paper currency in denominations of less than a dollar) temporarily replaced real money in many American households.
SOURCES:
AnnivHol-2000, pp. 91, 146
DictDays-1988, pp. 6, 8


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Byline: JENNIFER GLEESON A RECORD entry field of more than 12,500 people will take to the streets of Dublin on Bank Holiday Monday - October 26 - to run, jog or walk their way around the 26.
THIS Bank Holiday Monday, sports fans in Newcastle are being offered a unique opportunity to cheer on some of the best athletes in the world, both on the track and on the pitch.
BANK Holiday Monday racing is back at Epsom after a break while the new Duchess's stand was built, and to celebrate the first family fun day since the re-opening, on August 31, new MD Rupert Trevelyan has set entry to both grandstands at the special price of pounds 15.
 
 
 
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