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floating holiday

Syllabification: float·ing hol·i·day

Entry from US English dictionary

Definition of floating holiday in English:

noun

1A public holiday that does not fall on the same numeric date each year, such as the US Thanksgiving, which always falls on the fourth Thursday of November.
2A paid day off from work, given as a substitution for a public holiday and typically taken on a day chosen by the employee.

Definition of floating holiday in:

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Word of the day terpsichorean
Pronunciation: ˌtəːpsɪkəˈriːən
adjective
relating to dancing