land bankland bank
- ⌂ a bank primarily financing transactions in real estate, specif. farmland
- an accumulation of real estate held for future development, use, or sale
- a private or public organization holding such real estate
A bank that issues long-term loans on real estate in return for mortgages.
land bank - Investment & Finance Definition
A public agency that provides inexpensive financing for the purchase or refinancing of undeveloped land so that affordable housing and economic revitalization projects can be developed.