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landbanking

Syllabification: land·bank·ing
Pronunciation: /ˈlandˌbaNGkiNG
 
/
(also land banking)

Definition of landbanking in English:

noun

The practice of buying land as an investment, holding it for future use, and making no specific plans for its development.
Example sentences
  • 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:

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