Vacation time refers to a period of time during which an individual is allowed to take off from work or school in order to rest, relax and rejuvenate. It typically involves traveling to a different location, either within one's own country or abroad, for the purpose of leisure and enjoyment. The amount of vacation time that an employee is entitled to varies depending on their job and employer, but it is generally considered an important benefit in maintaining work-life balance and overall wellbeing.