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:
“And I am come down to deliver them out of the hand of the Egyptians, and to bring them up out of that land unto a good land and a large, unto a land flowing with milk and honey; unto the place of the Canaanites, and the Hittites, and the Amorites, and the Perizzites, and the Hivites, and the Jebusites.”
—Bible: Hebrew Exodus, 3:8.
“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)