reit
/riːt/
noun
- A company that owns, operates, or finances income-producing real estate, and is required to distribute most of its taxable income to shareholders as dividends.
- The REIT reported a strong quarter thanks to higher occupancy rates in its office buildings.
- She added a healthcare REIT to her portfolio to gain exposure to medical facilities.
- Many investors buy shares in a REIT to earn dividends from rental properties.