Timeshares are a popular vacation option for people wanting to own a portion of a vacation property for a specific time each year. However, there are various synonyms for the term "timeshares." One common synonym is "vacation ownership," which refers to a legal arrangement where multiple owners have an equal share in the property. Another synonym for timeshares is "fractional ownership," which gives owners a portion of the property and access to different amenities. Another option is "condo-hotels," which are buildings that combine the features of a condominium unit and a hotel suite. Lastly, some people refer to timeshares as "holiday homes," which are fully-owned properties that are used exclusively for vacation purposes.