Land-bank definition

A bank that issues long-term loans on real estate in return for mortgages.
noun
0
0
A bank primarily financing transactions in real estate, specif. farmland.
noun
0
0
An accumulation of real estate held for future development, use, or sale.
noun
0
0
A private or public organization holding such real estate.
noun
0
0
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.
0
0
Advertisement