Define the Time Sharing System type of an Operating System?

Some one please explain Operating System type " Time Sharing System "?
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"The ""Compatible"" in the name refers to compatibility with the standard batch processing OS for the IBM 7094, the FORTRAN Monitor System (FMS) (history of IBM mainframe operating systems shows information on the FMS). CTSS ran an unaltered copy of FMS, processing a standard batch stream, in a pseudo-virtual 7094 provided by its background facility. (The hardware was partly but not fully virtualized; see History of CP/CMS for further details.) Background FMS jobs could access tapes normally, but could not interfere with foreground time-sharing processes or the resources used to support them. "
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"It is the purpose of this paper to discuss briefly the need for time-sharing, some of the implementation problems, an experimental time-sharing system which has been developed for the contemporary IBM 7090, and finally a scheduling algorithm of one of us (FJC) that illustrates some of the techniques which may be employed to enhance and be analyzed for the performance limits of such a time-sharing system. "
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"Time Sharing System : A Time-Shared Operating System allows the many users to share the computer simultaneously. A time-shared Operating System uses CPU scheduling and Multi-programming to provide each user with a small portion of a time-shared computer.Source: http://in.docsity.com/en-docs/Fundamentals_of_Operating_Systems__Lecture_notes__Poonam_Sharma"
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