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land bank

American  

noun

  1. a banking association that engages in the financing of transactions in real property, especially in agricultural land.

  2. a parcel or parcels of land or real estate held in trust, as for future development.


land bank British  

noun

  1. a bank that issues banknotes on the security of property

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms

  • land banking noun

Etymology

Origin of land bank

First recorded in 1690–1700

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The brokerage maintains the stock’s hold rating, but raises the target price to S$0.062 from S$0.047 to reflect the underlying values of the healthcare services provider’s land bank in Johor, Malaysia.

From The Wall Street Journal

About 3,000 acres of the company’s 14,000-acre “land bank” are suitable for data-centers because of the properties’ locations and access to power, according to estimates from Vikram Malhotra, senior analyst with Mizuho Americas.

From The Wall Street Journal

While Mr. Bird discusses at length a failed Massachusetts land bank’s misadventures with printing mortgage-backed currency, Mr. Albertus doesn’t even mention the assignat, issued during the French Revolution and backed by land taken from church and crown.

From The Wall Street Journal

Still, the Bansals were established developers in Gurugram, with a large land bank.

From The Wall Street Journal

Millrose Properties, a real estate investment trust, was spun off from Lennar and acts as a land bank for homebuilders.

From Barron's