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time-sharing

[tahym-shair-ing]
noun
  1. Computers. a system or service in which a number of users at different terminals simultaneously use a single computer for different purposes.
  2. Also time-share. a plan in which persons share ownership or rental costs of a vacation home, especially a condominium, entitling each participant to use the residence for a specified time each year.
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Origin of time-sharing

First recorded in 1960–65

time-share

[tahym-shair]
verb (used with object), time-shared, time-shar·ing.
  1. to use or occupy by time-sharing.
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noun
  1. time-sharing(def 2).
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Related formstime-shar·er, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for time-sharing

time-share

adjective
  1. denoting, relating to, or forming part of time sharing of propertytime-share villas
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Word Origin and History for time-sharing

1953, as a computing term, from time (n.) + verbal noun from share (v.). In real estate, as an arrangement in property use, it is recorded from 1976.

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Online Etymology Dictionary, © 2010 Douglas Harper