REIT
English
Pronunciation
- (General American) enPR: rēt, IPA(key): /riːt/
- Rhymes: -iːt
- Homophone: reet
Noun
REIT (plural REITs)
- (finance, real estate) Acronym of real estate investment trust, an investment device where the holding company uses the funds invested to hold real estate.
- 2018 January 9, Brian Alexander, “America's Rural Hospitals Are Dangerously Fragile”, in The Atlantic[1], archived from the original on 1 April 2019:
- 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.