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:

    A counterfeiting law-factory, standing half in a slave land and half in a free! What kind of laws for free men can you expect from that?
    Henry David Thoreau (1817–1862)

    I know a bank where the wild thyme blows,
    Where oxlips and the nodding violet grows,
    Quite overcanopied with luscious woodbine,
    With sweet musk-roses, and with eglantine:
    There sleeps Titania sometime of the night,
    Lulled in these flowers with dances and delight.
    William Shakespeare (1564–1616)