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:

    “Land of opportunity, land for the huddled masses—where would the opportunity have been without the genocide of those Old Guard, bristling Indian tribes?”
    —Edward Hoagland (b. 1932)

    “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 o’clock arrived just once too often,”
    —Kenneth Fearing (1902–1961)