( REIT)
REITs invest in real estate or loans secured by real estate and issue shares in such investments. A REIT is similar to a closed-end mutual fund . Bloomberg Financial Dictionary
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Real Estate Investment Trust ( REIT)
An organization similar to an investment company in some respects but concentrating its holdings in real estate investments. Exchange Handbook Glossary
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real estate investment trust UK US noun [C] (ABBREVIATION REIT)
► PROPERTY, FINANCE in the US, a financial arrangement in which a company invests money in buildings and land for shareholders who get tax advantages from their investment as well as interest on the money invested: »
The firm changed its corporate structure back in 2007 to become a tax-efficient real investment trust.
Financial and business terms. 2012.