The term 'Holiday Time' can refer to a variety of different holidays, including NOEL (4 letters), YULE (4 letters), EVE (3 letters), and Summervacation (14 letters). NOEL is a Christian holiday celebrated on December 25th, which marks the birth of Jesus Christ. YULE is an ancient pagan festival that was later adopted by Christianity and is celebrated around the winter solstice. EVE is a Jewish holiday that marks the beginning of the Jewish New Year. Summervacation is a period of time during the summer when students are not in school and families often take trips or spend time together.