Meaning of “timeshare” in the English Dictionary

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"timeshare" in British English

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timesharenoun

uk /ˈtaɪm.ʃeər/ us /ˈtaɪm.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 bought a timeshare in Florida.

[ U ] also timesharing the activity of owning and using a timeshare

(Definition of “timeshare” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"timeshare" in Business English

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timesharenoun [ C or U ]

also time-share, time share uk /ˈtaɪmˌʃeər/ us 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

(Definition of “timeshare” from the Cambridge Business English Dictionary © Cambridge University Press)