land bank

noun

: a bank that provides financing for land development and for farm mortgages

Examples of land bank in a Sentence

Recent Examples on the Web As of September 30, 2024, 81.0% of its total homesites were controlled through options with land banks, land sellers and joint ventures, compared to 73.0% as of September 30, 2023. Joe Cornell, Forbes, 10 Oct. 2024 Programs comparable to Own-It-Now have been implemented by land banks across the country. Carmela Guaglianone, Detroit Free Press, 30 July 2024 Also, since land banks exist to steward properties that have been abandoned, those homes usually need to be fixed up - sometimes a lot. Andrea Riquier, USA TODAY, 13 Sep. 2024 Butler County Treasurer and land bank chair Michael McNamara previously told The Enquirer the land bank can use the grant money toward another project that falls within its parameters. Victoria Moorwood, The Enquirer, 11 Sep. 2024 See all Example Sentences for land bank 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'land bank.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1696, in the meaning defined above

Time Traveler
The first known use of land bank was in 1696

Dictionary Entries Near land bank

Cite this Entry

“Land bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/land%20bank. Accessed 31 Oct. 2024.

Legal Definition

land bank

see bank

Last Updated: - Updated example sentences
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