Meaning of the word "New Year's Day" in English

What does "New Year's Day" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

New Year's Day

US /ˌnuː jɪrz ˈdeɪ/
UK /ˌnuː jɪrz ˈdeɪ/
"New Year's Day" picture

Noun

1.

the first day of the year, January 1, observed as a holiday in many countries

Example:
We always celebrate New Year's Day with a big family dinner.
Many businesses are closed on New Year's Day.
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