Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

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

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • initialism law Real Estate Investment Trust, an investment device where the holding company uses the funds invested to hold real estate.

Etymologies

from The American Heritage® Dictionary of the English Language, 4th Edition

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

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Examples

  • Would anyone consider it crazy to take out home equity and put it in REIT's?

    House Prices, Arnold Kling | EconLog | Library of Economics and Liberty 2009

  • He says investments in REIT (real-estate investment trusts) in countries such as Singapore were a good option as the yields were higher than on 30-year US government bonds.

    Vietnam’s Boom Time Economy | Impact Lab 2006

  • A real estate investment trust commonly referred to as a REIT is a company which purchases and manages a portfolio of real estate investments for a fee for its shareholders.

    BellaOnline - The Voice of Women 2009

  • My question was about you know as a REIT you have to disperse 90\% of your taxable income, correct?

    SeekingAlpha.com: Home Page 2008

  • After hearing all the horrendous news about the crashing real estate market lately, most investors are scared to even mutter the word REIT, let alone invest in one.

    Financial Sector and Stocks Analysis from Seeking Alpha 2008

  • A REIT is a business trust that allows investors to directly invest in a portfolio of real-estate assets.

    Fortis to Raise Funds Via Singapore REIT Listing Bijou George 2011

  • Hui Xian REIT, which is backed by the Oriental Plaza, a commercial building in Beijing, is scheduled to list on the Hong Kong stock exchange on April 29, the person said.

    Yuan REIT Aims for $1.8 Billion in Hong Kong IPO Prudence Ho 2011

  • Backers of Fibra Uno, with which Zell is not involved, have been pushing for several years to make it the first U.S.-listed Latin American REIT.

    The Optimist Keren Blankfeld 2011

  • The meeting, sponsored by the National Association of Real Estate Investment Trusts and dubbed REIT Week, opened in New York on Tuesday, just in time for investors to celebrate the strong performance that REITs have posted so far this year.

    REIT Week's Reason to Party A.D. Pruitt 2011

  • The meeting, sponsored by the National Association of Real Estate Investment Trusts and dubbed REIT Week, opened in New York on Tuesday, just in time for investors to celebrate the strong performance that REITs have posted so far this year.

    REIT Week's Reason to Party A.D. Pruitt 2011

Comments

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  • YEAH, REEIIITT.

    November 23, 2009

  • Actually, this is a legit word (pronounced 'reet'), not a misspelled allcap. It stands for "Real Estate Investment Trust", and is a sort of financial corporation.

    November 23, 2009