DownREIT Definition.

A DownREIT Definition is a type of real estate investment trust (REIT) that is structured as a partnership between the REIT and one or more other entities. The other entities are typically either other REITs or operating companies. Under this structure, the REIT owns a controlling interest in the other entities, which are known as … Read more

Trial Balance.

A trial balance is an accounting report that lists the balances in each of an organization’s Accounts. The purpose of a trial balance is to verify that the total of all Debits equals the total of all Credits for each accounting period. If the total of the Debits does not equal the total of the … Read more

Economic Growth Definition.

Economic growth is a broad measure of an economy’s overall health and is typically represented by an increase in a country’s Gross Domestic Product (GDP) or Gross National Income (GNI). GDP is the most commonly used metric for measuring economic growth and is often used to compare the economic performance of different countries. GNI is … Read more