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English definition of “landbanking”

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landbanking

noun [U]
 
 
/ˈlændˌbæŋkɪŋ/
FINANCE, PROPERTY a way of making a profit by buying land with the intention of selling it at a much higher price to people who hope they can, for example, build houses on it in the future: The article pointed out the risks involved in investing in landbanking schemes, chiefly the fact that planning permission may not be granted.
(Definition of landbanking from the Cambridge Business English Dictionary © Cambridge University Press)
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