# National holiday

- Canonical URL: https://www.gerhardmerk.de/national-holiday
- Post ID: 592881
- Modified: 2023-07-25T21:13:11+00:00
- Language: en

## Definition

A day of the week on which banks traditionally do not conduct business, even though it is not a public holiday (an otherwise normal day, where banks are closed for business). - Day on which banks must remain closed by government order, mainly when a crisis situation has arisen in the financial market. In the U.S., for example, a four-day forced closing of all institutions was ordered under the Emergency Banking Act in March 1933. - See Run. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 2.0.0