red-letter day n 1: a memorably happy or noteworthy day (from the custom of marking holy days in red on church calendars)
Red-letter \Red"-let`ter\ (-l?t`t?r), a. Of or pertaining to a red letter; marked by red letters. [1913 Webster] {Red-letter day}, a day that is fortunate or auspicious; -- so called in allusion to the custom of marking holy days, or saints' days, in the old calendars with red letters. [1913 Webster]