Top definition
Valid only if you are a parent. This refers to the extra days off an employee gets due to sick child, parent/teacher conferences, school plays, etc.
Paul: Have you seen Janice today?

Brett: She didn't come in. She's on a "Parental Holiday." Her daughter has a recital at school.

Paul: Dude, I wish I had kids!
by BMush56 February 11, 2010
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