New Year

New Year
ˌNew ˈYear , new year noun [uncountable]
1. (also the New Year) the time when people celebrate the beginning of a new year:
    We’re going to spend Christmas and the New Year with my parents.
    The business will be closed over New Year.
    Happy New Year (=used as a greeting)
    Our neighbours invited us round to see in the new year (=celebrate the beginning of the year).
2. the new year the first few weeks of the year:
    Prices are expected to go up in the new year.