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English definition of “land bank”

land bank

noun
 
 
[S] FINANCE, PROPERTY an area of land owned by a person or organization that is considered as an asset because it could be used for building property on in the future: The company's land bank is not reflected in share prices. They have a land bank of 750 plots.
[C] BANKING a bank that lends money to farmers or people that own land, usually for a longer time than other banks: The land bank gets its money from interest on taxes and the sale of property.
(Definition of land bank from the Cambridge Business English Dictionary © Cambridge University Press)
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