A bank holiday is a public holiday in the United Kingdom or a colloquialism for public holiday in Ireland. There is no automatic right to time off on these days, although the majority of the population is granted time off work or extra pay for working on these days, depending on their contract.^[1] The first official bank holidays were the four days named in the Bank Holidays Act 1871, but today the term is colloquially (albeit incorrectly) used for public holidays which are not officially bank holidays, for example Good Friday and Christmas Day.

Prior to 1834, the Bank of England observed about thirty-three saints' days and religious festivals as holidays, but in 1834, this was reduced to just four: 1 May (May Day), 1 November (All Saints Day), Good Friday, and Christmas Day. In 1871, the first legislation relating to bank holidays was passed when Liberal politician and banker Sir John Lubbock introduced the Bank Holidays Act 1871, which specified the days in the table set out below.^[2] The English people were so thankful that they called the first Bank Holidays St Lubbock's Days for a while.^[3] Scotland was treated separately because of its separate traditions; for example, New Year is a more important holiday there.^{[citation needed]}

Memorial Day is a United States federal holiday observed annually on the last Monday of May (May 28 in 2012).^[1] Formerly known as Decoration Day, it originated after the American Civil War to commemorate the fallen Union soldiers of the Civil War. (Southern ladies organizations and southern schoolchildren had decorated Confederate graves in Richmond and other cities during the Civil War, but each region had its own date. Most dates were in May.) By the 20th century Memorial Day had been extended to honor all Americans who have died in all wars. Memorial Day is a day of remembering the men and women who died while serving in the United States Armed Forces.^[2] As a marker it typically marks the start of the summer vacation season, while Labor Day marks its end.

By the early 20th century, Memorial Day was an occasion for more general expressions of memory, as people visited the graves of their deceased relatives, whether they had served in the military or not. It also became a long weekend increasingly devoted to shopping, family gatherings, fireworks, trips to the beach, and national media events such as the Indianapolis 500 auto race, held since 1911 on the Sunday of Memorial Day weekend.^[3]