# timeshare

/ˈtaɪmˌʃɛɹ/ (US) · /tˈaɪmʃeə/ (UK) · CEFR B2 · Noun

Source: https://englishreference.com/word/timeshare
Updated: 2026-10-18

## Definition

a holiday flat or house that several people own together, with each person using it for a set time each year. You pay for your share and the weeks you use.

For teachers: a system of shared ownership of a holiday property in which multiple holders possess rights to use it during different recurring periods. Also refers to a property held under such an arrangement.

## Examples

- They own a timeshare near the beach.
- My parents bought a timeshare in Spain, so they spend two weeks there every spring.
- Although the timeshare promised affordable luxury, rising maintenance fees soon made the couple question whether shared ownership was cheaper than booking hotels.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.