timeshare
timeshare Finance Definition
A
method of owning property that has become popular with people who want to own
vacation property but dont want to bear the entire expense by themselves and
dont need the property for the entire year. Some publicly traded
property-management companies specialize in vacation properties and sell
timeshares in property that they are constructing. Time-share arrangements also
occur in many other situations.
timeshare
Law Definition
n
A form of joint ownership of property under which as many as 52
owners, either singly or severally, receives the use of the property,
condominium, or other property for a specified period each year, such as one or
more weeks. The term is also used to refer to the shared use of computer
equipment.
v
To occupy by time-sharing.
Browse dictionary entries near timeshare
- timeserving
- timeserver
- timesaving
- times
- timer
- timepiece
- timeout
- timeous
- timely
- timeliness
