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• Seeking to obtain the best bid or offer available by calling a number of dealers and/or brokers.

• Seeking to obtain the best bid or offer available by calling a number of dealers and/or brokers.

 
 Embedded terms in definition
 Bid
Offer
 
 Referenced Terms
 Real estate investment trust: Abbreviated REIT. REITs sell like stocks on the major exchanges, and invest in real estate either directly through properties or mortgages. REITs receive special tax considerations, and typically offer investors high yields as well as a highly liquid method of investing in real estate.Abbreviated REIT. A pool of real properties marketed to individual investors, similar to a closed-end mutual fund.Is a special structure which holds real properties. These properties can be apartments, Shopping malls, office buildings or other acceptable real assets. The trust must distribute 95 percent of its income to the shareholders in order to qualify for special tax treatment.Real estate investment trust, which is similar to a closed-end mutual fund. REITs invest in real estate or loans secured by real estate and issue shares in such investments.

 
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