- A bank organized under an Act of Congress known as the Federal Farm Loan Act for the purpose in general of making loans upon farm security at low rates of interest. 10 Am J2d Bks § 21.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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land bank — ➔ bank1 * * * land bank UK US noun ► [S] FINANCE, PROPERTY an area of land owned by a person or organization that is considered as an asset because it could be used for building property on in the future: »The company s land bank is not reflected … Financial and business terms
land bank — see bank Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
land bank — ☆ land bank n. a bank that finances transactions in real estate: see also FEDERAL LAND BANK … English World dictionary
land bank — land′ bank n. bus a bank that finances transactions in real property … From formal English to slang
land bank — noun 1. : a bank issuing its currency upon real property 2. : a bank (as the Federal Land Bank) that invests in farm mortgages and issues its own bonds to secure funds for the purpose * * * land banking. 1. a banking association that engages in… … Useful english dictionary
Land Bank — A land bank is a bank that issues long term loans on real estate in return for mortgages. This term could also apply to: *The former Federal Land Bank Association in the United States, which was merged with the former Production Credit… … Wikipedia
land bank — land banking. 1. a banking association that engages in the financing of transactions in real property, esp. in agricultural land. 2. a parcel or parcels of land or real estate held in trust, as for future development. [1690 1700] * * * … Universalium
land bank — A federally created bank under the Federal Farm Loan Act and organized to make loans on farm security at low interest rates. May also describe program in which land is retired from agricultural production for use in conservation or in tree… … Black's law dictionary
land bank — noun Date: 1696 a bank that provides financing for land development and for farm mortgages … New Collegiate Dictionary
land bank — The amount of land a developer owns that is awaiting development … Big dictionary of business and management