land bank
Americannoun
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a banking association that engages in the financing of transactions in real property, especially in agricultural land.
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a parcel or parcels of land or real estate held in trust, as for future development.
noun
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.
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.
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.
Still, the Bansals were established developers in Gurugram, with a large land bank.
Millrose Properties, a real estate investment trust, was spun off from Lennar and acts as a land bank for homebuilders.
From Barron's
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.