annual leave
US /ˈæn.ju.əl ˌliːv/
UK /ˈæn.ju.əl ˌliːv/

1.
a period of paid time off from work granted to an employee each year for rest and recreation
:
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I'm planning to take two weeks of annual leave in August.
•
Employees are entitled to 20 days of annual leave per year.