Definition of "land-bank" [land-bank]

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

The Century Dictionary (Public Domain)

• ""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.""
• "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."
• "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."