Time Sharing

. General: Serial use of a facility, item, location, or property for two or more purposes or by two or more users.

2. Computing: Use of a computer’s resources in a manner that several users access the system in a sequence but seem to be working simultaneously. Timesharing is common in larger (mini, mainframe, or clustered) systems since 1960s and accommodates hundreds or even thousands of users.

3. Real estate: Type of joint property ownership (see joint tenancy) often with equal (but not concurrent) right of possession exercisable at specified time intervals such as different days, weeks, or months.