timeshare

[tahym-shair]

timeshare Definition

a system in which several people own the right to use a property, such as a vacation home, at different times throughout the year.

Using timeshare: Examples

Take a moment to familiarize yourself with how "timeshare" can be used in various situations through the following examples!

  • Example

    They bought a timeshare in Hawaii.

  • Example

    The resort offers timeshare options for those who want to vacation regularly.

  • Example

    We share a timeshare with another family and take turns using it each year.

timeshare Synonyms and Antonyms

Synonyms for timeshare

  • interval ownership
  • vacation ownership
  • shared vacation property

Phrases with timeshare

  • a type of timeshare where the owner has the right to use the property during the same week every year

    Example

    We have a fixed week timeshare in Florida that we use every summer.

  • a type of timeshare where the owner has the right to use the property during any week within a certain period of time

    Example

    Our floating week timeshare allows us to choose any week within the month of August to use the property.

  • points-based timeshare

    a type of timeshare where the owner has a certain number of points to use towards different properties or vacation experiences

    Example

    We prefer the points-based timeshare because it gives us more flexibility in choosing where and when to vacation.

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Summary: timeshare in Brief

A 'timeshare' [tahym-shair] is a system where multiple people own the right to use a property, like a vacation home, at different times throughout the year. It's a way to share ownership and costs of a property. There are different types of timeshares, such as fixed week, floating week, and points-based. Examples include 'They bought a timeshare in Hawaii' and 'We share a timeshare with another family.'