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.

land bank

noun

1. a bank that issues banknotes on the security of property

Other Words From

• land banking noun

Word History and Origins

Origin of land bank¹

First recorded in 1690–1700

Example Sentences

But now, through the Genesee County Land Bank’s Clean & Green program, Ishmel and hundreds of other residents have been mowing vacant lots.

From National Geographic

In Flint, from 2015 to 2018, areas where vacant properties were owned and stewarded by the land bank experienced reductions in serious, violent, and firearm crime—as well as crime where youths were victims—than those not owned by the land bank.

From National Geographic

The lands from this transaction will be set aside in the department’s land bank.

From Seattle Times

Arunan Arulampalam, CEO of the Hartford Land Bank, has the endorsement of the local Democratic Party committee.

From Seattle Times

Conservation efforts on the islands have been effective, with over 23,000 acres of land preserved in perpetuity by two major conservation organizations in the county: the San Juan County Conservation Land Bank and San Juan Preservation Trust.

From Seattle Times