See real property. American Banker Glossary
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A piece of land and whatever physical property is on it. Bloomberg Financial Dictionary
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• Pension funds often invest in real estate.
• a piece of real estate
2. [uncountable] the business of selling land or buildings:
• those who make a living in real estate
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real estate UK US noun [U] (US PROPERTY
► land or buildings that someone owns: »
It's a prime piece of real estate.
»commercial/residential/industrial real estate
buy/sell/invest in real estate »Supported by bank loans, several manufacturing companies in the area invested heavily in real estate.
► the activity of buying and selling land and buildings: »
She works in real estate in Dallas.
»the real estate industry/sector
»a real estate investor/expert/tycoon
Financial and business terms. 2012.