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:

    America is, therefore the land of the future, where, in the ages that lie before us, the burden of the World’s history shall reveal itself. It is a land of desire for all those who are weary of the historical lumber-room of Old Europe.
    Georg Wilhelm Friedrich Hegel (1770–1831)

    That strain again, it had a dying fall;
    O, it came o’er my ear like the sweet sound
    That breathes upon a bank of violets,
    Stealing and giving odor. Enough, no more,
    ‘Tis not so sweet now as it was before.
    William Shakespeare (1564–1616)