The Vacation Deal & Timeshare Glossary
Confused by timeshare and vacation-deal jargon? This glossary defines every term in plain English, from "vacpack" to "rescission period" to "owner update." Each term has its own page with a full explanation.
All 20 pages in this guide
"Per Couple" Pricing: Decoder + Audit DataBonus Week: The Add-On Vacation ExplainedDeeded vs Right-to-Use Timeshares: The DifferenceDrip Pricing in Travel: Definition + Real ExamplesFAM Trip: Why Resorts Pay You to VisitFloat Week: Meaning, Booking Windows, GotchasHard vs Soft Credit Pull at Presentations: Which HappensPoints-Based Timeshares Explained (With Real Math)RCI & Interval International: Exchange Companies 101ROFR in Timeshares: Why Resale Buyers CareRack Rate: The Fake Price Everything Discounts FromRescission Period: Definition + What to Know (2026)Resort Credit: What It Actually Buys (And What It Won't)The "Viking Ship" Myth: Perpetuity Clauses ExplainedThe Qualification Call: What They Ask & WhyTimeshare Maintenance Fee: What It Covers & Why It RisesTimeshare Preview Package: Meaning & How It WorksTour Waiver: Paying to Skip the PresentationWhat Is a Vacpack? Definition, Prices & Rules (2026)What Is an "Owner Update"? (It's a Sales Pitch)
Frequently asked questions
Frequently Asked Questions
What is a vacpack?
A vacpack is a discounted vacation package (usually 2-5 nights, $49-$599) offered in exchange for attending a timeshare preview presentation. See the full definition page below.
What is a rescission period?
The legally-mandated window after signing a timeshare contract during which you can cancel for a full refund. Length varies by state — see our glossary and legal pages.
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