real estate
reit
Real Estate Investment Trust — a company that owns income-producing real estate, allowing investors to earn dividends from real estate without buying property.
Example
"She bought shares in a REIT to get exposure to commercial real estate without buying a property."
💡 Memory Tip
REIT — Real Estate In Trust. A trust holds real estate on your behalf.
Etymology
Acronym for Real Estate Investment Trust — created by US Congress in 1960.
Common Misspellings
REITrietR.E.I.T.reite