Real Estate Investment Trust (Noun)
Meaning
An investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets; shares can be bought and sold in the stock market.
Classification
Nouns denoting groupings of people or objects.
Examples
- The company decided to invest in a real estate investment trust to diversify its portfolio and generate passive income.
- Real estate investment trusts allow individuals to invest in a diversified portfolio of properties without directly managing them.
- The real estate investment trust was listed on the stock exchange, making it easy for investors to buy and sell shares.
- By investing in a real estate investment trust, investors can benefit from rental income and potential long-term appreciation in property values.
- The real estate investment trust's portfolio included office buildings, shopping centers, and apartment complexes, providing a stable source of income for shareholders.