nopaycation 

Mandatory time off or furloughs without pay. Usually spent at home because you're broke without the income.

Did you hear that they are making us take a nopaycation?

nopaycation by sweetmamaa November 6, 2009

Naycation 

A summer spent without a vacation. Naycations have become increasingly popular since the 2000s, due to the economic recession. Naycations are usually confused with staycations, but they are different due to with staycations one usually just does things in their own town, and during naycations you just stay inside your home.

Comes from 'nay' meaning no, and 'cation' as in va'cation', thus: Naycation.

Person 1: Hey! Where are you going this summer?
Person 2: My mom says money's tight right now, so we're just gonna have a naycation.
Person 1: Aw, man. That sucks! Me and the fam are going to Paris.

Naycation by Lee Anna Marks June 14, 2009

novacation

Mental vacation; numb your mind

Man, I need to clear my head... I need a novacation.

novacation by jbest July 26, 2013

naycation 

The time spent between jobs or when furloughed for an extended period. no = nay , nay + vacation = naycation.

When Kevin was indefinitely laid off in 2009, he spent his naycation going back to college to earn a degree.

naycation by Kj Nay January 19, 2012