I know that a neutralization reaction (i.e. a reaction between an acid and a base) results in the formation of a salt and water, but when I came to know that $\ce{Fe(OH)3}$ is salt, I began to have doubts:
If bases are ionic compounds that break apart to form a negatively charged hydroxide ion ($\ce{OH-}$) in water, then why is $\ce{Fe(OH)3}$ is salt and not a base?