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REIT

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REIT (r

A company that purchases and manages real estate or real estate loans, using money invested by its shareholders.

[r(eal) e(state) i(nvestment) t(rust).]

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Noun

REIT - 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

Real Estate Investment Trust

investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies

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