Real estate is a term used to describe property consisting of land or buildings. However, there are many other synonyms that can be used interchangeably with this term. One common alternative term for real estate is 'property', which is widely used to describe any land or building that can be bought, sold, or rented. Another synonym for real estate is 'assets', which is often used to describe the total value of a company's investable resources, including land and buildings. Other synonyms include 'landholding', 'infrastructure', 'realty', and 'estate', all of which are commonly used in the industry. Whatever synonym is used, the importance of the real estate industry in the economy is undisputed.