time-sharing
Word family
- timesharenounB2
- time-shareadjectiveB2
- time-shareverbC1
- timesharingnounC1
Synonym discussion
Sense: noun/1
Timeshare and time-sharing refer to the same vacation-property arrangement, but 'timeshare' (one word) is far more common in everyday American English and often names the industry directly ('timeshare resort,' 'timeshare presentation'). 'Time-sharing' with a hyphen emphasises the system or the legal structure itself rather than the property. 'Vacation ownership' is a marketing-friendly term that avoids the negative reputation timeshares sometimes carry — it sounds more upscale but covers the same basic idea. 'Fractional ownership' is used for high-end properties (private jets, luxury villas) where the share is more expensive and the ownership structure is more formal. For a typical holiday apartment that multiple families use in weekly rotations, 'timeshare' is the natural word; 'time-sharing' suits a more formal or contractual context.
Common collocations
Nouns
- time-sharing agreement
- time-sharing industry
- time-sharing option
- time-sharing company
Phrases
- buy into a time-sharing
- sell a time-sharing share
- time-sharing for the week of
Prepositions
- time-sharing in [location]
- time-sharing through [company]
Etymology
The word 'time-sharing' was formed by combining 'time' (from Old English 'tīma', meaning a period or season) with 'sharing' (from Old English 'scieran', to divide). The term appeared in the mid-20th century in two separate contexts: first in computing (around 1959–1960, at MIT and other research labs) to describe the technique of splitting a computer's processing time among multiple users; then in the vacation industry (1960s) to describe the division of a holiday property's usage time among multiple owners. The two senses developed independently and are now fully established as distinct meanings of the same compound noun.
First known use
1953
1953, in the meaning defined at sense 2