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Meaning of reit | Babel Free

Noun CEFR B1
ɹiːt

Definitions

  1. Acronym of real estate investment trust, an investment device where the holding company uses the funds invested to hold real estate.
    abbreviation, acronym, alt-of
  2. sedge; seaweed
    UK, countable, dialectal, obsolete, uncountable

Examples

“The Squillae[…]live in marine[…]places: their meat is oisters, and reites.”
“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.”

CEFR level

B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
See all B1 English words →

See also

Reitan Reitano reitbok reiter Reiter's arthritis Reiter's disease

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