Collins Concise English Dictionary © HarperCollins Publishers::
time sharing
  1. a system of part ownership of a property, such as a flat or villa, for use as a holiday home, whereby each participant buys the right to use the property for the same fixed period annually
  2. a system by which users at different terminals of a computer can, because of its high speed, apparently communicate with it at the same time
    Compare batch processing
WordReference Random House Learner's Dictionary of American English © 2025
time-shar•ing /ˈtaɪmˌʃɛrɪŋ/USA pronunciation   n. [uncountable]
  1. a plan in which several people share costs of a vacation home:Time-sharing allows each person to use a residence for a specified period of time each year.
  2. Computinga computer system in which users at different terminals use a single computer at the same time.

WordReference Random House Unabridged Dictionary of American English © 2025
time-shar•ing  (tīmshâr′ing),USA pronunciation n. 
  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, esp. a condominium, entitling each participant to use the residence for a specified time each year.
  • 1960–65

'time sharing' also found in these entries (note: many are not synonyms or translations):

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