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land bank

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Definition of land bank in English:

noun

1A large area of land held by a public or private organization for future development or disposal.
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.
2A bank that provides loans for the purchase of land, especially by farmers.

Definition of land bank in:

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