Land Bank

A land bank is a bank that issues long-term loans on real estate in return for mortgages. This term could also apply to:

  • The Land Bank of Taiwan, a wholly state-owned bank of the Republic of China (Taiwan)
  • The Land Bank of the Philippines, a bank in the Philippines owned by the Philippine government with a special focus on serving the needs of farmers and fishermen
  • Land banking, the buying and holding (rather than developing) of land for future development or use

Famous quotes containing the words land and/or bank:

    “Within the regions of the air,
    Compassed about with heavens fair,
    Great tracts of land there may be found
    Enriched with fields and fertile ground;
    Where many numerous hosts
    In those far distant coasts,
    For other great and glorious ends,
    Inhabit, my yet unknown friends.”
    —Thomas Traherne (1636–1674)

    “The English language is like a broad river on whose bank a few patient anglers are sitting, while, higher up, the stream is being polluted by a string of refuse-barges tipping out their muck.”
    —Cyril Connolly (1903–1974)