Real Estate Investment Trust

Definition

A fund that owns property and distributes returns to investors—diversified real estate gambling without having to actually fix toilets.

Example Usage

We allocated 15% of the portfolio to REITs for income diversification.

Source: Real estate and finance terminology

Related Terms

Intermediate

NNN Lease (Triple Net)

A commercial lease where the tenant pays rent, property taxes, insurance, and maintenance—basically the landlord's retirement plan.

🏠 Real Estate

Beginner

duplex

A single building cleverly divided into two separate dwelling units, allowing property owners to live in one half while collecting rent from neighbors who share their walls. It's the real estate equivalent of having your cake and eating it too, assuming you don't mind hearing your tenant's TV through the drywall. In postal circles, it's also a fancy stamp cancellation, but nobody cares about that definition anymore.

🏠 Real Estate

Beginner

Earnest Money Deposit (EMD)

Funds deposited by a buyer to show serious intent to purchase—essentially a financial hostage held for good behavior.

🏠 Real Estate

Intermediate

Cornice

An ornamental molding that projects along the top of a wall, building, or other structure, often found at the junction between a wall and ceiling. It serves both decorative and functional purposes, helping to conceal the joint and add architectural detail.

🏠 Real Estate

Beginner

Closing Disclosure

A mandatory document providing borrowers with loan terms and final costs before closing. It's the moment buyers realize they're paying thousands in fees they forgot about or didn't fully understand.

🏠 Real Estate

Beginner

Vacancy

An unoccupied position, space, or place; an empty room or job opening. It can refer to physical emptiness or an unfilled position in employment or housing.

🏠 Real Estate

Translate This Term

See “Real Estate Investment Trust” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.

Try the Translator

Share This Term

Post on X Share on Facebook Share on LinkedIn

Discover a Term

Beginner

Green

In professional wrestling, if someone is green, it means they are new and still act like a rookie....