timeshare
time
ˈtaɪm
taim
share
ˌʃɛr
sher
British pronunciation
/tˈa‌ɪmʃe‌ə/

Definition & Meaning of "timeshare"in English

Timeshare
01

a property ownership arrangement where multiple individuals have the right to use the property for a set period of time each year

example
Examples
They bought a timeshare at a beach resort, allowing them to visit every summer.
They enjoy their timeshare at the lake every winter for skiing.
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