American Vacation 

The period of unemployment between being laid off and starting a new job.

The duration of an American Vacation can vary from a few weeks to multiple years.

The term originated as a way of noting the relatively poor vacation time offerings of most American employers. For many overworked Americans, being laid off provides the only significant vacation time they will ever receive.

"John is on an American Vacation, so he is busy updating his resume."

American Vacation by Mattomondo November 5, 2012

American Greed Vacation 

This is the type of vacation that rich people take. They do not go to see the sights of the place they are visiting but to "relax" (except maybe to golf) and spend most of the vacation stuffing their faces with fancy food or drinking gallons of wine and lounging around the hotel or possibly the beach or pool. Generally the kinds of people who go to the same place all the time and have no appreciation for what a real vacation is.

When you go to Hawaii you see a lot of people in the resort areas on American Greed Vacations.

American Greed Vacation by New English January 10, 2009