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:

    “My country, ‘tis of thee,
    Sweet land of liberty,
    Of thee I sing;
    Land where my fathers died,
    Land of the pilgrims’ pride,
    From every mountain-side
    Let freedom ring!”
    —Samuel Francis Smith (1808–1895)

    “A self is, by its very essence, a being with a past. One must look lengthwise backwards in the stream of time in order to see the self, or its shadow, now moving with the stream, now eddying in the currents from bank to bank of its channel, and now strenuously straining onwards in the pursuit of its chosen good.”
    —Josiah Royce (1855–1916)