Definition of “timeshare” - English Dictionary

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“timeshare” in British English

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timesharenoun

uk /ˈtaɪm.ʃeər/ us /ˈtaɪm.ʃer/

(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)