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| Your Location: Timeshare Users Group Advice: Timeshare Acronym Glossary |updated: 1/29/08 |
Please send any corrections or new terms you would like added via e-mail to tug@tug2.net
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 |
Send comments/feedback by email to: tug@tug2.net Timeshare Users Group
© Copyright 1993-2008
PO Box 1442, Orange Park, Fl 32067
Phone: (904) 298-3185
Homepage updated Jan 29, 2008 by B. Rogers - Send email regarding this page to tug@tug2.net
