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Your Location: Timeshare Users Group Advice: Timeshare Acronym Glossary    |updated: 1/29/08

Timeshare Glossary & Acronyms

  Please send any corrections or new terms you would like added via e-mail to tug@tug2.net

Last Update: 5-Nov-2007
originally created by Mark Perry - TUG Lifetime Member


The following is a list of the more common terms and acronyms used in BBS postings and descriptions found here on TUG.
 

AC Accommodation Certificate - An extra week offered by II as an incentive for depositing a high-demand week
DAE Dial an Exchange - Independent Exchange company
DBW Developer Bonus Week
DVC Disney Vacation Club
EOY "Every Other Year" - a timeshare you get to use every other year
EY "Every Year"  - a timeshare you get to use every year.
Floating Week  Owner requests a desired date from the timeshare resort every year subject to availability at the time of request. 
FF Fairfield Resorts
FK "Full Kitchen"
FROR "First Right of Refusal". Used by some resorts to control resale values.
GC "Gold Crown". An RCI designation of their highest quality resort.
GV Garden View or Mountain View (or occasionally, a parking lot view)
HGA points Marriott Honored Guest Award points.
HGVC Hilton Grand Vacation Club
HHI Hilton Head Island
II "Interval International", an exchange company.
Interval One timeshare week.
LH "Lease hold". Timeshare is deeded property on leased land. 
Lockout If allowed, a timeshare unit can be subdivided and used as two smaller units for the purposes of use or exchange. e.g.: a three bedroom unit might be split and deposited as one 2Br unit and one 1Br unit giving the owner two weeks for use or exchange.
Lurker Non participating visitor to BBS sites. 
MVCI Marriott Vacation Club International
OBO "Or Best Offer".
OBX Outer Banks of North Carolina
OF Ocean Front
OV Ocean View
MF Maintenance Fee
PCC Post Card Company - company who sends postcards to unsuspecting buyers recommending they pay thousands of dollars to give their timeshare away.
Rack rate Non discounted hotel room rate.
RCI "Resorts Condominium International", an exchange company.
RHC Royal Holiday Club
RID "Resort of International Distinction". An RCI designation of their second highest quality resort.
ROFR Right of First Refusal
Right of Recision Time period after sale in which the buyer can cancel the sale.
RTU "Right To Use". Timeshare ownership has an expiration date.
SA Week South African Timeshare
SFX "San Francisco Exchange" , an exchange company.
SVO Starwood Vacation Owner - Someone who knows a Starwood Timeshare
SVN Starwood Vacation Network - the exchange system for Starwood owners
TPI Trading Places International - an independent exchange company
Trade Power A measure of desirability of a timeshare week for use in exchanging. Based on location, time of year and resort quality.
TUG "Timeshare Users Group"
T/S Timeshare or ownership interval.
VC Vacation Counselor - a phone rep at one of the exchange companies
VEP score:  "Vacation Exchange Profile". An RCI resort rating score (company confidential).
WKORV Westin Ka'anapali Ocean Resort Villas
WM Worldmark


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Homepage updated Jan 29, 2008  by B. Rogers - Send email regarding this page to tug@tug2.net