Financial Risk Manager

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Happy Boxing Day

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Boxing Day is a bank holiday or a public holiday in the United Kingdom, Australia, Canada, Germany, Greenland, New Zealand, Hong Kong, Macau and countries in the Commonwealth of Nations with a mainly Christian population. In South Africa this public holiday is now known as the Day of Goodwill. Though it is not an official holiday in the United States, the name "Boxing Day" for the day after Christmas has some currency among Americans, particularly those that live near the Canada – United States border.

The name derives from the tradition of giving seasonal gifts to less wealthy people and social inferiors. Until their distribution, these gifts were stored in a "Christmas box," which was opened on December 26, when the contents were distributed [1]. In the United Kingdom, this was later extended to various workpeople such as labourers and servants.

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