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Barbie

Barbie  n.— «Fortunately, Brits can take advantage of the weak dollar in a different way, said Stephen Adams in Britain’s Daily Telegraph. Instead of vacationing in the States, we are buying investment homes there. The new army of...

old and cold rule

old and cold rule  n.— «If you plan to use the vacation home as the relinquished property, do not use it personally for at least two years, and two tax returns. The IRS has adopted what is known as the “old and cold” rule. If...

mandy

mandy  n.— «In some organisations, people refer to their annual vacation as “mandy”—short for “mandatory leave”—an interesting corporate euphemism that implies executives are so engrossed with their work, they need to be literally ordered...

Kelly day

Kelly day  n.— «The delegation…explained that firemen work one day and have the next day off with every 10th day designated as a “Kelly” day or day off. This schedule is followed except during the vacation period when the...

Kelly day

Kelly day n. a day off or vacation day taken at a scheduled interval in addition to normal time off or vacation. Also Kelly shift. Etymological Note: It has been claimed as early as 1953 that this term comes from Edward Joseph Kelly, mayor of...

postman’s holiday

postman’s holiday  n.— «He is still busy with his life work, which is the promotion of American shipping. He does take a vacation now and then, but it is like the postman’s holiday. He takes it on a ship.» —“Dean of...

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