land bank

land bank

noun
1.
a banking association that engages in the financing of transactions in real property, especially in agricultural land.
2.
a parcel or parcels of land or real estate held in trust, as for future development.

Origin:
1690–1700

land banking, noun
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World English Dictionary
land bank
 
n
a bank that issues banknotes on the security of property

Collins English Dictionary - Complete & Unabridged 10th Edition
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