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Meaning of time-sharing

time-shar•ing

Pronunciation: (tīm'shâr"ing), [key]
— n.
  1. a system or service in which a number of users at different terminals simultaneously use a single computer for different purposes.
  2. 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.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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