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Term of the Day
time share
publicly-traded fund
interval ownership
Definition
noun
a system where several
people
each
own
part of a
property
(such as a
holiday
flat
), each being able to use it for a certain
period
each year
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Popular 'Banking' Terms
negotiable
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Related Terms
publicly-traded fund
closed-end investment company
closed-end fund
interval ownership
Mentioned in these terms
time-share ownership plan
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