NOUN | group | Real Estate Investment Trust, REIT | an investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets |
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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. | |
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Synonym | REIT | |
Broader | investment company, investment trust, investment firm, fund | A financial institution that sells shares to individuals and invests in securities issued by other companies |
Spanish | Real Estate Investment Trust |
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