Credits: Related to timeshare products or programs offered by some timeshare companies that assign a yearly allotment of 'credits' that can be used like currency for resort stays. This allows timeshare owners choice and control over when and where they vacation, how long or short they stay, and the size of the unit they stay in. In these programs, there is no deed to a physical unit.

 

Related Words

Credits: Related to timeshare products or programs offered by some timeshare companies that assign a yearly allotment of 'credits' that can be used like currency for resort stays. This allows timesha . . . View Full Definition

Purchaser Road Credits: Credits granted to purchasers of timber in the national forests in exchange for the construction of permanent roads specified in the timber sale contract. The amount of the credits is the Fo . . . View Full Definition

Eurocredits: Short-term notes with maturities up to 360 days that are issued by companies in international money markets.

Adoption Tax Credits: Non-refundable credit which reduces taxes owed by adoptive parents who claim adoption expense reimbursement under P.L. 104-188: may be claimed on federal taxes (and in some states with simil . . . View Full Definition