REIT Hear it!

REIT definition

REIT (rēt)

noun

a corporation that invests the shareholders' money in real estate and loans for real-estate development

Etymology: r(eal) e(state) i(nvestment) t(rust)

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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