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:
“Without looking, then, to those extraordinary social influences which are now acting in precisely this direction, but only at what is inevitably doing around us, I think we must regard the land as a commanding and increasing power on the citizen, the sanative and Americanizing influence, which promises to disclose new virtues for ages to come.”
—Ralph Waldo Emerson (18031882)
“Good resolutions are useless attempts to interfere with scientific laws. Their origin is pure vanity. Their result is absolutely nil. They give us, now and then, some of those luxurious sterile emotions that have a certain charm for the weak.... They are simply cheques that men draw on a bank where they have no account.”
—Oscar Wilde (18541900)