Definitions

from The Century Dictionary and Cyclopedia

  • n. A banking association which issues its notes for use as money in exchange for mortgages on land.

Etymologies

Sorry, no etymologies found.

Examples

  • "If you apply to bring CNH in, you need to show the use and source of the proceeds, and it is understood that regulators don't want CNH to be used to fund land-bank acquisitions."

    Behind the Yuan Bond Boom: Dollars

  • Once the debt of 17.5 billion rupees is repaid, (through 10 billion rupees from the equity-linked infusion and eight billion rupees from the land-bank monetization), it would reduce our debt ratio to 0.7 is to one, and about a six times EBITDA (earnings before interest, tax and amortization) multiple.

    Leelaventure Says No to Equity in Hotels

  • Bank of Ireland's Mr. Boucher said at least €12.2 billion of land-bank and commercial-property development loans will be covered under NAMA, but added it isn't clear whether all those loans will be transferred or managed by NAMA.

    Bank of Ireland's Net Profit Slumps

  • Among them, most attention was devoted to the NWF's recommendations to buy out the rebuilding rights of those properties most at risk and to land-bank them in conservation easements so as to expand wetlands that absorb the brunt of flooding water.

    FEMA's Flood Insurance

  • This brought forth: A second letter to --, merchant in London, concerning a late combination in the province of the Massachusetts Bay in New England to impose or force a private currency called land-bank money.

    Currency and Banking in the Province of the Massachusetts-Bay [excerpts]

  • [204] Dr. Douglass attacked the bank in a pamphlet bearing the following title: A letter to -- merchant in London, concerning the late combination in the province of the Massachusetts Bay in New England to impose or force a private currency called land-bank money.

    Currency and Banking in the Province of the Massachusetts-Bay [excerpts]

  • You mean that you want to buy the land through the land-bank.

    Fruits of Culture

  • Savoy, to establish his land-bank in that country.

    Memoirs of Extraordinary Popular Delusions and the Madness of Crowds

  • It might be expected, that, to render your land-bank tolerable, every means would be adopted that could display openness and candor in the statement of the security, everything which could aid the recovery of the demand.

    The Works of the Right Honourable Edmund Burke, Vol. 03 (of 12)

  • An open, and exact statement of the clear value of the property, and of the time, the circumstances, and the place of sale, were all necessary, to efface as much as possible the stigma that has hitherto been branded on every kind of land-bank.

    The Works of the Right Honourable Edmund Burke, Vol. 03 (of 12)

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