- REIT
- real estate investment trust (REIT)A trust used to hold ownership of real property for investors. The trust structure is used to benefit from tax code provisions. American Banker Glossary————————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————REIT ( real estate investment trust)Real estate investment trust, which is similar to a closed-end mutual fund. REITs invest in real estate or loans secured by real estate and issue shares in such investments. The New York Times Financial Glossary
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REIT REIT noun [countable]FINANCE real estate investment trust; in the US, a mutual fund that invests in land and buildings. REITs have special tax advantages for investors:• The REIT already owns five buildings in the city.
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REIT UK US noun► STOCK MARKET, FINANCE, PROPERTY, TAX ABBREVIATION for Real Estate Investment Trust: in the US, a company that invests in property or property loans, and sells shares in those investments in a similar way to a mutual fund. REITs are used to avoid income tax or to reduce the amount that has to be paid: »By law REITs must pass on to their shareholders 90% of their taxable income.
»REITs present slightly different risks to those associated with investing in the real estate industry in general.
»REIT shares often take a hit when interest rates go higher.
Financial and business terms. 2012.
