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English definition of “timeshare”

timeshare

noun uk   /ˈtaɪm.ʃeər/ us    /-ʃer/
[C] a holiday house or apartment that is owned by several different people who each use it for a particular period of the year: We've bought a timeshare in Spain. timeshare holiday/property/developments [U] (also timesharing) the activity of owning and using a timeshare
(Definition of timeshare from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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