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Definitions from the Web

REO

Noun

Sense 1: Real Estate Owned (REO) is a property owned by a bank or lender after an unsuccessful sale at a foreclosure auction. It is usually listed for sale to recover the outstanding mortgage balance.

Sample Sentence: The bank listed the REO property for sale at a discounted price.

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REO Properties on Amazon

Noun

Sense 2: REO Speedwagon is an American rock band known for their hit songs like "Can't Fight This Feeling" and "Keep On Loving You."

Sample Sentence: I am a big fan of REO and I have all of their albums.

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REO Speedwagon CDs on Amazon

Abbreviation

Sense 3: REO can also stand for Regional Economic Organization, which refers to a group or organization focused on promoting economic development in a specific region or area.

Sample Sentence: The REO facilitated collaborations between local businesses and government to boost the regional economy.

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