Meaning

• Freedom from some business or activity.

• Free time given over to a specific purpose; occupation, activity.

• A period during which official activity or business is formally suspended; an official holiday from university, law courts etc.

• A holiday; a stretch of leisure time away from work or duty and devoted to rest or pleasure.

• The act of vacating something; moving out.

  "The Conservative Party’s vacation of the centre ground gave an opportunity to its opponents."

• The act of making legally void.

Meaning

• To spend or take a vacation.

  "This year, we’re vacationing in Mexico."