vay·
cay (vey-kay)
--noun
1. A period of time devoted to pleasure, rest, or relaxation, especially one following termination from employment or school.
2. Early or temporary retirement.
3. A period of suspension of work, study, or other activity, usually used
for rest, recreation, travel, or just goofing off.
4. Freedom or release from duty, business, activity, or obligations.