Good heavens, people, why all the nastiness? Do we routinely welcome new posters by pointing out their spelling typos and making catty remarks about their choice of words??? Get over yourselves, already...
Tinkerbell,
DVC is Disney's version of a timeshare, although with some major differences. As diane said, the sticky posts at the top of the page are a good way to learn the basics, but ask any questions you'd like and someone will be along to answer.
Your initial purchase will get you an allotment of vacation points. You'll pay about $14,000 for 150 points, which is the minimum you must buy if you purchase directly from Disney. There is also a resale market - the sponsor of this board is a great source for resale contracts.
Once you've bought your contract and paid (or financed) your inital purchase price, you'll also pay maintenance fees - in the neighborhood of $4.00 per point each year. So a 150 point contract would cost you $600.00 a year, every year.
A studio room in the off season might cost as little as 8-10 points per night, while a 2 BR in a "high" season might be 50 or more. So you can see that how you spend your points (what size unit you reserve, what time of year you go, whether you stay over a weeknd or not) determines how much vacation you'll get. For example, my DD12 and I went to BCV over her spring break this year. It was in March, though, so not considered prime spring break season. I "spent" 134 points on a week (7 days) in a studio.
Again, there are lots of details - you'll learn them over time!!