Timeshare Points - Programs offered interval owners of resorts, which allow owners to select and control where and when they leave or for how long or short they remain. Points are a symbolic unit of measurement that have no intrinsic value separate and apart from the interval property.
Timeshare Project Director - who, at least theoretically, in charge of all other departments launched at the timeshare resort. The actual functions will vary depending on the hierarchy to specific resorts or companies.
Timeshare Owner Referals - Resorts that are in active sales often have special leave Promotions, which they offer through their current owners. The owners are invited to referrals and will receive various incentives from the resort for its customers.
Timeshare OTE -The European equivalent of ARDA, but more consumer oriented. (Organization for timeshare in Europe)
Timeshare OPC Off Premises Contact - marketing term used to refer to people who are with potential buyers on the street and offer incentives such as gift or tickets to the local attraction, visit the timeshare project or sales booth to learn more about purchasing options.
Timeshare Odd Or Even Year Usage - Timeshare property use any other year - some odd-numbered, and some even. Property for this type of interval is estimated at one-half the cost of full ownership of the property, since the use of only one half the annual use.
Timeshare NQ Not Qualified - A word for prospects who do not fit the qualifications profile determined by a timeshare resort or timeshare marketing company trying to sell a timeshare.
Timeshare Nose Bleed Drop -A sales term for lowering the initial stated price without much work in between.