sharing economy

noun

Definition of sharing economy

  1. :  economic activity that involves individuals buying or selling usually temporary access to goods or services especially as arranged through an online company or organization Arguably the biggest sector of the sharing economy is travel. People are renting their beds to out-of-towners (Airbnb and Couchsurfer), leading them on guided tours (Vayable and CanaryHop) and hosting meals (Voulez Vouz DOner and EatWith), sometimes for free but on most sites for a price—though one far below those found at local hotels. — Eliana Dockterman, Time, 16 Sept. 2013

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2007

First Known Use of sharing economy

2007


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