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REIT
From Wiktionary, the free dictionary
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English
Pronunciation
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, 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.
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