Usually means: Shared ownership of vacation property.
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We found 13 dictionaries that define the word time-share:

General (10 matching dictionaries)
  1. time-share: Merriam-Webster.com
  2. time-share: American Heritage Dictionary of the English Language
  3. time-share, time-share: Collins English Dictionary
  4. Time-share, time-share: Wordnik
  5. time-share: Wiktionary
  6. time-share: The Wordsmyth English Dictionary-Thesaurus
  7. time-share: Infoplease Dictionary
  8. time-share: Dictionary.com
  9. Time-share: Wikipedia, the Free Encyclopedia
  10. time-share: Dictionary/thesaurus

Business (1 matching dictionary)
  1. time-share: Legal dictionary

Computing (1 matching dictionary)
  1. time-share: Encyclopedia

Medicine (1 matching dictionary)
  1. time-share: Medical dictionary

(Note: See time-shared as well.)

Definitions from Wiktionary (time-share)

noun:  (business, real estate) A property jointly owned or leased by multiple people who are allowed to use (or sublet) it only during specified periods each year.
verb:  (transitive) To own or lease (a property) by time-sharing.
verb:  (transitive, computing) To use (a computer or communications band) by time-sharing.

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