Part of Speech: Noun
Definition: Time when you are not working
Source: http://www.merriam-webster.com/dictionary/leisure
Encountered: In the article “The Happiest and Saddest Places in New York City, According to Twitter” by Brian Merchant. “Elsewhere, for the most part, happiness tends correlate to leisure and wealth, though perhaps not as overtly as you’d guess.”
Understanding: I understand that he is saying that happiness is related to wealth and time spent not doing work.