land bank Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “land bank” in the English Dictionary

"land bank" in Business English

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land banknoun

uk   us  
[S] FINANCE, PROPERTY an ​area of ​landowned by a ​person or ​organization that is considered as an ​asset because it could be used for ​buildingproperty on in the future: The company's ​landbank is not reflected in ​shareprices. They have a ​landbank of 750 ​plots.
[C] BANKING a ​bank that ​lendsmoney to ​farmers or ​people that own ​land, usually for a ​longertime than other ​banks: The ​landbank 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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“land bank” in Business English

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