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Reit
//ɹiːt// noun
Definitions
Noun
- 1 sedge; seaweed UK, countable, dialectal, obsolete, uncountable
"The Squillae[…]live in marine[…]places: their meat is oisters, and reites."
- 2 Acronym of real estate investment trust, an investment device where the holding company uses the funds invested to hold real estate. abbreviation, acronym, alt-of
"Some have used sale-leasebacks to real-estate investment trusts (REITs). In a sale-leaseback, a hospital sells its facilities, and then leases back those same facilities from the REIT."
- 3 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 wordnet
See also for "reit"
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