More like a .05 cent biblical word. Only in Vegas would something from religious roots and awarded for hard work get so perverted. It is not a vacation although some might look at it that way. Vacations are usually built in to most jobs and is something available to all employees. Sabbaticals are rare and usually only awarded to people after years of hard work and good performance. Plenty of companies see it as a way of investing in the employee. In other countries, like Australia for example, schools actually encourage their teachers to take a year off. They see it as a good way for the teacher to travel, rest, learn, maybe teach elsewhere. LOA is definitely something with a connotation toward performance or personal issues...not even close to sabbatical.
Jeez, the only time I get to see a sabbatical is if I'm sick longer than 3 days in a row. Gotta keep working to keep the bills paid and the lights on. Ahhhh, the joys of owning your own business...