landbank noun 2verb 1forms 3 noun2 •An area of land held in reserve (by a house-building firm or investment firm) for future development, redevelopment, or sale. •A bank which issues notes based on the security of landed property.To establish a current circulating credit upon any Land-bank […] has hitherto proved difficult. — 1790 verb1 •To hold an area of land in reserve pending future development, redevelopment, or sale. formslandbanked · landbanking · landbanks