Timeshare Term Glossary

Accrual Program, A.R.D.A., Blue Weeks, Day Use, Fractional Interest, Lock-off unit, White Weeks... If you don't know what these terms mean, then let me invite you to check out our Timeshare Glossary of terms at our main website http://www.timesharegiant.com/. You'll be speaking like an expert after you peruse our online glossary.

In our Timeshare Glossary we list definitions of over 69 different important terms that are common in the timeshare industry and in the timeshare resale marketplace. Here are the definitions of a few that you may find interesting to pique your curiosity further:

Accrual Program: Some resorts offer their owners the ability to move unused weeks from the previous year, for use in the current year.

Day Use: If a resort offers day use, a timeshare owner can access the resort’s services and amenities 365 days per year, such as the pool or health club, even while not in residency.

White Weeks: A color-code designation used by R.C.I., indicating moderate demand weeks at a resort. R.C.I.’s color-coding is as follows: Red = High Demand, White = Moderate Demand, Blue = Low Demand.

Lock-off unit: Also known as a lockout unit, a type of timeshare unit consisting of multiple living and sleeping quarters designed to function as two discrete units for purposes of occupancy and exchange. The unit can be combined to form one large unit or can be split or "locked-off" into two or more separate units, allowing the owner to split the vacation into multiple stays or bank all or a portion for exchange purposes.

These are just a few of the terms that you will find in our glossary. We invite you to learn more about timeshares and to identify if buying a timeshare is right for you. Buying a time share may just be the perfect alternative to buying a vacation home. Visit http://www.timesharegiant.com/ now for information on vacationing in a timeshare resort or for more information on buying or selling your timeshare.