timeshare
noun /ˈtaɪmʃeə(r)/
/ˈtaɪmʃer/
- (also time-sharing)[uncountable] an arrangement in which several people own a holiday home together and each uses it at a different time of the year
- timeshare apartments
- [countable] a holiday home that you own in this way
- They have a timeshare in Florida.