Definition of landbanking in English:
landbanking
nounˈlandbaŋkɪŋˈlandˌbaNGkiNG
mass nounThe practice of buying land as an investment, holding it for future use and making no specific plans for its development.
Example sentencesExamples
- Join others who have discovered the advantages that strategic landbanking has over other types of real estate ownership.
- Projects for land banking… were by no means lacking long after commercial banks had been well established in this country.
- Every single Councillor supported this measure due to their awareness that speculative land banking must be controlled.
- Proposals to relax planning rules will fuel the expansion of the practice of land banking, which leaves fields and woods neglected, a report said yesterday.
- The unscrupulous practice of 'landbanking' has seen a sharp rise in 2009.