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time-sharing

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.01 sec.
(operating system)time-sharing - (Or "timesharing") An operating system feature allowing several users to run several tasks concurrently on one processor, or in parallel on many processors, usually providing each user with his own terminal for input and output. time-sharing is multitasking for multiple users.

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66, Accounting for Sales of Real Estate, to reference the financial accounting and reporting guidance for real estate time-sharing transactions that is provided in AICPA Statement of Position (SOP) 04-2, Accounting for Real Estate Time-Sharing Transactions.
An exposure draft of a proposed statement of position, Accounting for Real Estate Time-Sharing Transactions, has been issued by the Accounting Standards Executive Committee.
Time-sharing requires an initial investment of $5,000 to $20,000 for a chunk of time--usually a week--at a resort or apartment complex for 20 or 25 years, plus an annual maintenance fee.
 
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