holiday ownership

holiday ownership
   a compounded annual rent paid in advance
   When victims became aware of the scams and other disadvantages of time-sharing, another phrase had to be coined to ensure that the gullible would continue to part with their money:
    So you must agree that buying a holiday ownership apartment at the Lanzarote Beach Club will actually SAVE YOU £20,000. {Daily Telegraph, August 1989 — see save for this kind of frugality)

How not to say what you mean: A dictionary of euphemisms. . 2014.

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Look at other dictionaries:

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  • Timeshare — A timeshare is a form of ownership or right to the use of a property, or the term used to describe such properties. Timeshare properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each… …   Wikipedia

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