In seven year cycles, debts are released in the Old Testament. This may have something to do with our modern laws which allow for bankruptcy to happen only after sevens years have passed since the last bankruptcy.
There is much more to this. For a more complete answer see: en.wikipedia.org/wiki/Jubilee_(biblical)
I think that it is celebrated every 25 years
A silver jubilee is 25yrs.
George III celebrated a Jubilee after 50 years on the throne in 1809.Queen Victoria celebrated a Golden Jubilee in 1887 and a Diamond Jubilee in 1897.Queen Elizabeth II celebrated her Silver Jubilee in 1977 and her Golden Jubilee in 2002.Queen Elizabeth II celebrated her Diamond Jubilee in June 2012 .In 4 years time Queen Elizabeth will become the longest reigning monarch in British history.
The 125th jubilee is called a quasquicentennial jubilee. Jubilee is an anniversary of an event usually celebrated during the 25th, 50th, or 75th year.
Queen Victoria.in 1897 queen Victoria celebrated her diamond jubilee.
Queen Elizabeth II celebrated her Golden Jubilee in July 2002.
2006
Queen Victoria celebrated 3 Jubilees. Having her Coronation in 1837, her Silver Jubilee was in 1862, her Golden Jubilee in 1887, and her Diamond Jubilee in 1897.
As of now, no individual has celebrated a platinum jubilee. A platinum jubilee signifies 75 years of a reign or anniversary, and due to the limitations of human lifespan, no one has reached that milestone yet. Queen Elizabeth II is set to celebrate her Platinum Jubilee in 2022.
its for how long shes been on the throne
England.
The anniversaries marked as "Jubilees" are: 25 years - Silver jubilee 50 years - Golden Jubilee 60 years - Diamond Jubilee 70 years - Platinum Jubilee