(also land banking)
Definition of landbanking in English:
The practice of buying land as an investment, holding it for future use, and making no specific plans for its development.
- Join others who have discovered the advantages that strategic landbanking has over other types of real estate ownership.
- The unscrupulous practice of 'landbanking' has seen a sharp rise in 2009.
- Every single Councillor supported this measure due to their awareness that speculative land banking must be controlled.
Definition of landbanking in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia