land bank

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Related to land banks: competency, Federal Land Banks

land bank

n.
A bank that issues long-term loans on real estate in return for mortgages.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

land bank

n
(Banking & Finance) a bank that issues banknotes on the security of property
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

land′ bank`


n.
a bank that finances transactions in real property.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
References in classic literature ?
About 80,000 went in payments on all the estates to the Land Bank, about 30,000 went for the upkeep of the estate near Moscow, the town house, and the allowance to the three princesses; about 15,000 was given in pensions and the same amount for asylums; 150,000 alimony was sent to the countess; about 70,00 went for interest on debts.
On the other hand, Pierre demanded that steps should be taken to liberate the serfs, which the steward met by showing the necessity of first paying off the loans from the Land Bank, and the consequent impossibility of a speedy emancipation.
The steward promised to do all in his power to carry out the count's wishes, seeing clearly that not only would the count never be able to find out whether all measures had been taken for the sale of the land and forests and to release them from the Land Bank, but would probably never even inquire and would never know that the newly erected buildings were standing empty and that the serfs continued to give in money and work all that other people's serfs gave- that is to say, all that could be got out of them.
Companies rated one notch above Redco, at 'B+', generally have proven sustainable business models with attributable sales of over CNY10 billion, larger land banks of more than three years' of development and stable leverage at around 40%.
New York State's land banks will share in nearly $26 million of funding, stateAttorney General Barbara D.
Land banks have grown to address an inventory of vacant and abandoned properties, reduce blight and increase property values.
Underwood announced $25.9 million in new funding for all New York State land banks that work to protect homeowners and neighborhoods by acquiring blighted homes and transforming them into community assets.
The top firms in the business boast of land banks running into thousands of hectares each, with one claiming to hold the largest, at well over 10,000 hectares.
Unlike redevelopment authorities, land banks do not hold the power of eminent domain.
The proposed land reclamation to create three islands off the southern coast of Penang will create additional land banks for the state, Chief Minister Chow Kon Yeow said.
As the housing crisis winds down, land banks are increasing their activities and lenders are increasing their involvement.