| 词汇 | reit |
| 释义 | REIT noun ukus STOCK MARKET, FINANCE, PROPERTY, TAX abbreviation for Real Estate Investment Trust: in the US, a company that invests in property or property loans, and sells shares in those investments in a similar way to a mutual fund. REITs are used to avoid income tax or to reduce the amount that has to be paid: By law REITs must pass on to their shareholders 90% of their taxable income. REITs present slightly different risks to those associated with investing in the real estate industry in general. REIT shares often take a hit when interest rates go higher. |
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