timeshare

noun, often attributive
time·​share | \ ˈtīm-ˌshar\

Legal Definition of timeshare

: an agreement or arrangement in which parties share the ownership of or right to use property (as a resort condominium) and that provides for occupation by each party especially for periods of less than a year

called also timesharing

Other Words from timeshare

timeshare transitive verb

More from Merriam-Webster on timeshare

Spanish Central: Translation of timeshare

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