land banking

Definition

The practice of acquiring land and holding it for future use.

Use land banking in a sentence

We had been long practiced with land banking, so when the offer came to us there wasn't a sense of concern or uncertainty.

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In an area with soaring real estate costs, it may be wise to invest in land banking which secures a piece of land for use in the future.

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Though everyone told him the Nebraska prairies were worthless, Bob kept land banking miles of dead grass, knowing some day it would beckon riches beyond his wildest dreams to him.

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land banker raw land