Meaning of “land bank” in the English Dictionary

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"land bank" in Business English

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land banknoun

uk us

[ 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)