| / English Dictionary |
REIT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
An investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets; shares can be bought and sold in the stock market
Synonyms:
Real Estate Investment Trust; REIT
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("REIT" is a kind of...):
fund; investment company; investment firm; investment trust (a financial institution that sells shares to individuals and invests in securities issued by other companies)
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