real estate ownedglossary / REAL ESTATE OWNED real estate owned. Property acquired by a lender, usu. through foreclosure, in satisfaction of a debt. — Abbr. REO. [Cases: Mortgages 534. C.J.S. Mortgages § 897.] 词条贡献者 资深译员Gwen,毕业于英国顶尖的高级翻译学院,擅长翻译涉及物联网领域的法律文件。