Meaning of the word "in observance of" in English

What does "in observance of" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

in observance of

US /ɪn əbˈzɜːrvəns əv/
UK /ɪn əbˈzɜːvəns əv/
"in observance of" picture

Phrase

in order to honor or celebrate a particular holiday, event, or custom

Example:
The bank will be closed tomorrow in observance of the national holiday.
A special ceremony was held in observance of the fallen soldiers.