jubilee
//ˈdʒuː.bɪ.liː//
Noun
jubileeSingular
jubileesPlural
1
A special anniversary of an event, especially one celebrating 25, 50, or 60 years.
The queen celebrated her golden jubilee after 50 years on the throne.
2
A season or occasion of celebration and rejoicing.
The whole town was in a jubilee after the local team won the championship.
3
(Historical/Biblical) A year of emancipation and restoration observed every 50 years in ancient Israel.
In ancient Israel, the jubilee was a time when slaves were freed and lands were returned to their original owners.