Definition of land bank in English:

land bank

Syllabification: land bank

noun

1A bank whose main function is to provide loans for land purchase, especially by farmers.
2A large body of land held by a public or private organization for future development or disposal.
More example sentences
  • Mayo Co Council is continuing to seek a suitable land bank for the development of houses in Belmullet town.
  • The proximity of the Goffs lands to this new interchange has given added impetus to our aspirations for the development of the land bank, according to Mr Osborne.
  • Fingal County Council used its land bank and, in partner-ship with a private developer, over 700 housing units in a mix of social, affordable and private homes were built.

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Word of the day dinkum
Pronunciation: ˈdɪŋkəm
adjective
(of an article or person) genuine, honest, true