Definition, Meaning & Synonyms
real-estate
noun
/ˈriːəl ɪˌsteɪt/
Definition
Real estate refers to property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.
Examples
- Investing in real estate can be a profitable venture.
- They purchased real estate in the city to start a business.
- Real estate prices have been rising steadily over the past few years.
Meaning
The term encompasses not just the physical land or structures, but also the rights and interests related to ownership and use of that property.
Synonyms
- Property
- Real property
- Land
- Realty
