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:
“Many children grow through adolescence with no ripples whatever and land smoothly and predictably in the adult world with both feet on the ground. Some who have stumbled and bumbled through childhood suddenly burst into bloom. Most shake, steady themselves, zigzag, fight, retreat, pick up, take new bearings, and finally find their own true balance.”
—Stella Chess (20th century)
“Denouement to denouement, he took a personal pride in the
certain, certain way he lived his own, private life,
but nevertheless, they shut off his gas; nevertheless,
the bank foreclosed; nevertheless, the landlord called;
nevertheless, the radio broke,
And twelve oclock arrived just once too often,”
—Kenneth Fearing (19021961)