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:
“In 1862 the congregation of the church forwarded the church bell to General Beauregard to be melted into cannon, hoping that its gentle tones, that have so often called us to the House of God, may be transmuted into wars resounding rhyme to repel the ruthless invader from the beautiful land God, in his goodness, has given us.”
—Federal Writers Project Of The Wor, U.S. public relief program (1935-1943)
“Good resolutions are useless attempts to interfere with scientific laws. Their origin is pure vanity. Their result is absolutely nil. They give us, now and then, some of those luxurious sterile emotions that have a certain charm for the weak.... They are simply cheques that men draw on a bank where they have no account.”
—Oscar Wilde (18541900)