Definition for : Reinsurance company

Designate in the USA "trusts" which are formed to pool funds from a large number of Investors in order to acquire a significant portfolio of real estate properties and/or Interest in mortgage-backed securities/loans. The REITs are listed and traded on a Stock Exchange and benefit from a favourable tax treatment. They distribute dividends which come from the rents paid by tenants and - as the case may be - (non-reinvested) gains on the sale of the properties.
To know more about it, look at what we have already written on this subject