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Definition of time-share

  1. :  a vacation home that is owned or rented by several people who use it at different times of the year

Word by Word Definitions

time-sharingplay time-share
  1. :  simultaneous use of a central computer by many users at remote locations

    :  joint ownership or rental of a vacation lodging (as a condominium) by several persons with each occupying the premises in turn for short periods

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