Author Topic: How do you pronounce REIT?  (Read 18271 times)

sheepstache

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How do you pronounce REIT?
« on: January 05, 2013, 07:33:07 PM »
In my head I always pronounce it like it rhymes with Leet but now that I think about it people probably spell it out.  Figured I might save myself embarrassment at  some point in the future if I just asked.

kkbmustang

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Re: How do you pronounce REIT?
« Reply #1 on: January 05, 2013, 07:41:29 PM »
You're right. It's pronounced "reet."

sheepstache

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Re: How do you pronounce REIT?
« Reply #2 on: January 05, 2013, 07:48:53 PM »
Thanks!

Kriegsspiel

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Re: How do you pronounce REIT?
« Reply #3 on: January 05, 2013, 09:08:19 PM »
I say "are ee eye tee" in conversation and nobody has corrected me yet...

kkbmustang

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Re: How do you pronounce REIT?
« Reply #4 on: January 05, 2013, 09:12:34 PM »
@Kriegsspiel - I suppose it's personal preference, but in a tax consulting environment we pronounce it "reet."

arebelspy

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Re: How do you pronounce REIT?
« Reply #5 on: January 05, 2013, 09:13:28 PM »
I say "are ee eye tee" in conversation and nobody has corrected me yet...

I used to think it was R E I T, but it's definitely reet.

I R A versus eye-ruh is a similar one.
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Will

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Re: How do you pronounce REIT?
« Reply #6 on: January 05, 2013, 09:38:16 PM »
Why isn't it REE-IT?

sherr

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Re: How do you pronounce REIT?
« Reply #7 on: January 05, 2013, 10:44:56 PM »
I say "are ee eye tee" in conversation and nobody has corrected me yet...

I used to think it was R E I T, but it's definitely reet.

I R A versus eye-ruh is a similar one.

Whoa, "reet"? "eye-ruh"? I learned two new things today. To contribute to the random bits of knowledge: if it's pronounced like a new word that's an acronym. If it's pronounced by spelling it out it's an initialism.

arebelspy

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Re: How do you pronounce REIT?
« Reply #8 on: January 05, 2013, 10:49:08 PM »
Why isn't it REE-IT?

For the same reason it isn't R E I T.  That is, no reason at all, other than common usage/practice.
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sheepstache

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Re: How do you pronounce REIT?
« Reply #9 on: January 05, 2013, 11:24:47 PM »
I say "are ee eye tee" in conversation and nobody has corrected me yet...

I used to think it was R E I T, but it's definitely reet.

I R A versus eye-ruh is a similar one.

Wait, it's not eye-ruh, is it?

mushroom

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Re: How do you pronounce REIT?
« Reply #10 on: January 06, 2013, 06:38:46 AM »
Yuck, eye-ruh sounds terrible. I've only ever used/heard other people use I R A.

awlong

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Re: How do you pronounce REIT?
« Reply #11 on: January 06, 2013, 08:40:38 AM »
Another vote for I R A instead of eye-ruh.

Kriegsspiel

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Re: How do you pronounce REIT?
« Reply #12 on: January 06, 2013, 09:22:56 AM »
That's the first I've heard of 'eye ra' also.  Weird.

WhatMomWears

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Re: How do you pronounce REIT?
« Reply #13 on: January 06, 2013, 09:24:04 AM »
Irish Republican Army? That would confuse people :p

When I worked in private equity we pronounced it reet. And eye-ra

kkbmustang

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Re: How do you pronounce REIT?
« Reply #14 on: January 06, 2013, 09:29:55 AM »
In employee benefits and tax circles, it's spelled out: I R A

arebelspy

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Re: How do you pronounce REIT?
« Reply #15 on: January 06, 2013, 10:27:33 AM »
I'm 100% on reet.  As far as IRA, I always forget which it is.  Although I believe I used to think it was I R A, but learned otherwise.  It was named after a guy named "Ira".

I think I R A is common enough you don't sound too silly saying it that way, but it really is eye-ruh.
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
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mushroom

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Re: How do you pronounce REIT?
« Reply #16 on: January 06, 2013, 10:56:46 AM »
It was named after a guy named "Ira".

Wait, is that a joke? If not, reference? I mean, IRA because it stands for "individual retirement account" makes a lot more sense.

arebelspy

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Re: How do you pronounce REIT?
« Reply #17 on: January 06, 2013, 12:34:01 PM »
:D
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sheepstache

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Re: How do you pronounce REIT?
« Reply #18 on: January 06, 2013, 12:45:33 PM »
:D

Now might be a good time to tell you that when I see your user name I mentally shorten and pronounce it "Arabelle".

arebelspy

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Re: How do you pronounce REIT?
« Reply #19 on: January 06, 2013, 01:31:51 PM »
:D

Now might be a good time to tell you that when I see your user name I mentally shorten and pronounce it "Arabelle".

IRAbelspy?  ;)

Yes, almost no one on first reading (or fiftieth) realizes it's three words, and "are" is not one of them. 
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

Another Reader

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Re: How do you pronounce REIT?
« Reply #20 on: January 06, 2013, 02:07:41 PM »
I thought REIT was pronounced "income."

dragoncar

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Re: How do you pronounce REIT?
« Reply #21 on: January 06, 2013, 02:40:09 PM »
I was scared to read this thread, as I am notorious for making up pronunciations in my head for something I read and going years before actually hearing the word spoken.  Then I say "wow, that person pronounces that word wierd".  Then I look it up and find out my made up pronunciation is totally bogus.  Anyways...

Yeah, I got REIT = reet right at least. 

Anyone else pronounce 401k as "hoik"?

Kriegsspiel

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Re: How do you pronounce REIT?
« Reply #22 on: January 06, 2013, 03:56:04 PM »
:D

Now might be a good time to tell you that when I see your user name I mentally shorten and pronounce it "Arabelle".

I didn't figure out it was 3 words for months. 

This is all adding up to me feeling very retarded today.

kkbmustang

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Re: How do you pronounce REIT?
« Reply #23 on: January 06, 2013, 05:41:02 PM »
:D

Now might be a good time to tell you that when I see your user name I mentally shorten and pronounce it "Arabelle".

I didn't figure out it was 3 words for months. 

This is all adding up to me feeling very retarded today.

Bahahahaha!