Life Style / Time Shares / Exchange Company: An organization which exists to facilitate the exchange of banked timeshare weeks. The largest of these is RCI (Resort Condominiums International) followed by II (Interval International). Interval owners deposit weeks into an exchange company's bank. This establishes a selection of weeks from which members can choose. Exchange value of timeshare weeks is established based on the demand of each week, the rating of the resort, amenities, size of the unit, and other factors.
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Company Noun Synonyms: companionship, society, fellowship, attendance, presence, associates, friends, companions, comrades
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Exchange Adjective Synonyms: trade, barter, switch, change, interchange, reciprocate, return, swap or swop
Exchange Verb Synonyms: market, stock market, Stock Exchange, securities exchange, the Market, the Board, the Big Board, the Exchange, the Bourse, Wall Street, the Street
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Business / Finance / Exchange: Difference between asset return and riskless rate. Sometimes confused with abnormal returns, returns in excess of those required by some asset pricing model. MORE
Business / Finance / Moscow Interbank Currency Exchange (MICEX): Established in 1992, the most liquid and best organized financial exchange in Russia. MORE
Business / Finance / Mutual Company: A corporation that is owned by a group of members and that distributes income in proportion to the amount of business that members do with the company. MORE