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Timeshare vs Condominium - What's the difference?

timeshare | condominium |

As nouns the difference between timeshare and condominium

is that timeshare is while condominium is joint sovereignty over a territory.

condominium

Noun

(en noun)
  • Joint sovereignty over a territory.
  • A region or territory under such rule.
  • *2013 , Clive H Church & Randolph C Head, A Concise History of Switzerland , Cambridge 2013, p. 76:
  • *:The strategic location of the condominiums […]made them important for the Confederacy's territorial integrity even if they produced little revenue.
  • (US, Canada) A building in which each unit is owned by an individual but the grounds, structure etc is owned jointly.
  • (US, Canada) the system of ownership by which such condominiums operate
  • (US, Canada) A unit or apartment in such a complex.
  • The legal tenure involved.
  • Synonyms

    * condo building

    Derived terms

    * condo (abbreviation)