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timeshare

 - 3 dictionary results

time-share

[tahym-shair] verb, -shared, -shar⋅ing, noun
–verb (used with object)
1. to use or occupy by time-sharing.
–noun
2. time-sharing (def. 2).

time-sharer, noun

time-shar⋅ing

[tahym-shair-ing]
–noun
1. Computers. a system or service in which a number of users at different terminals simultaneously use a single computer for different purposes.
2. Also, time-share. a plan in which persons share ownership or rental costs of a vacation home, esp. a condominium, entitling each participant to use the residence for a specified time each year.

Origin:
1960–65
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Legal Dictionary

Main Entry: time·share
Pronunciation: 'tIm-"shar
Function: noun
often attrib : an agreement or arrangement in which parties share the ownership of or right to use property (as a resort condominium) and that provides for occupation by each party esp. for periods of less than a year called also timesharingtimeshare transitive verb
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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