All employees are given three weeks 'vacation'. [=they will be paid for 15 days that they do not work per year]
His parents have a beautiful 'vacation home' [=a house that someone lives in during vacations] by the lake.
She spent most of her 'long vacations' [=summer vacations] at her parents' house.
(..) alone on the island. - That's what happened. - All right. Just read it, word for word. There's nothing about Stane here. That's being handled. He's on vacation. Small aircraft have such a poor safety record. But what about the whole cover story that it's a bodyguard? He's my... I mean, is that... (..)2008 Iron Man
(..) Are you kidding me with this? Get rid of them. Your eyes are red. A few tears for your long-lost boss? - Tears of joy. I hate job hunting. - Yeah, vacation's over. Where to, sir? - Take us to the hospital, please, Happy. - No. No? Tony, you have to - go to the hospital. (..)2008 Iron Man