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Definition of Time-share
1. Noun. A property jointly owned or leased by multiple people who are allowed to use it only during specified periods each year. ¹
2. Verb. (transitive) To own or lease (a property) by time-sharing. ¹
3. Verb. (transitive computing) To use (a computer) by time-sharing. ¹
¹ Source: wiktionary.com