timeshare Meaning in Cambridge Business English Dictionary
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Meaning of "timeshare" - Business English Dictionary

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timeshare

noun [C or U] ( also time-share, time share)
 
 
/ˈtaɪmˌʃeər/ PROPERTY
a house or apartment that is shared by two or more owners, each with the right to live in it at different times of the year, or the legal arrangement for sharing the property: They bought a timeshare in Tenerife for €20,000. The alternative to buying outright is some form of timeshare. a timeshare apartment/cottage/property a timeshare company/business/salesman
(Definition of timeshare from the Cambridge Business English Dictionary © Cambridge University Press)
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