landbanking

landbanking
landbanking UK US /ˈlændˌbæŋkɪŋ/ noun [U]
► FINANCE, PROPERTY a way of making a profit by buying land with the intention of selling it at a much higher price to people who hope they can, for example, build houses on it in the future: »

The article pointed out the risks involved in investing in landbanking schemes, chiefly the fact that planning permission may not be granted.


Financial and business terms. 2012.

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