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:

    We were uncertain whether the water floated the land, or the land held the water in its bosom. It was such a season, in short, as that in which one of our Concord poets sailed on its stream, and sung its quiet glories.
    Henry David Thoreau (1817–1862)

    We bank over Boston. I am safe. I put on my hat.
    I am almost someone going home. The story has ended.
    Anne Sexton (1928–1974)