Timeshare definition

Frequency:
A method of owning property that has become popular with people who want to own vacation property but don’t want to bear the entire expense by themselves and don’t 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.
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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. To occupy by time-sharing.
verb
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Alternative spelling of time-share.
noun
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Other Word Forms

Noun

Singular:
timeshare
Plural:
timeshares

Origin of timeshare