time-sharing

Definitions (2)

1. The renting of a single piece of real estate, often a vacation home, to many different parties, each having a specified block of time during which they may use it.
2. Operating a computer so that several software programs can use it simultaneously.

Use time-sharing in a sentence

We recently purchased a time-sharing unit in the Orlando area which we were able to justify given our frequent trips there with the family.

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We could have never afforded to vacation in Puerto Vallarta before we joined a time-sharing group who owns a set of cottages near the beach.

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Lots of attention must be paid to those involved with time-sharing, including date, time, length of stay, and cost of upkeep; they can all be headaches.

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timeshare ownership plan (TSO) timetable