Definition, synonyms and related words
Alternative spelling of time-share
"The property listing described the vacation rental as a timeshare unit located on the beach."
In plain English: A timeshare is an arrangement where you own the right to use a vacation property for a specific period each year instead of buying it outright.
"They decided to sell their timeshare because they rarely used it for vacations."
The word timeshare is a straightforward combination of the words time and share. It was first used to describe vacation ownership plans where people purchase the right to use a property for specific periods rather than owning it outright.