Definition

Noun: * Land bank (obsolete term): A financial institution, typically a bank, that primarily deals with real estate transactions, such as providing loans for purchasing land or property. This term is considered old-fashioned and is rarely used in modern Vietnamese.

Usage Examples

• Noun:
  • Ông ấy làm việc cho một địa ốc ngân hàng. (He works for a land bank.)
  • Thuật ngữ "địa ốc ngân hàng" ngày nay ít được sử dụng. (The term "land bank" is rarely used today.)

Advanced Usage

• The term "địa ốc ngân hàng" is largely historical. In contemporary language, its functions are described by more specific modern terms.

Variants and Related Words

• Ngân hàng (Bank): The general, modern term for a bank.
• Ngân hàng thương mại (Commercial Bank): A bank that offers a wide range of financial services, including real estate loans.
• Quỹ tín dụng (Credit Fund/Union): A member-owned financial cooperative that may also provide property loans.
• Tổ chức tín dụng (Credit Institution): A broader term for any institution licensed to conduct banking activities.

Synonyms

• Ngân hàng địa ốc: A direct synonym, also considered outdated.
• Ngân hàng cho vay thế chấp (Mortgage Bank/Lender): A more precise modern term for an institution that provides loans using property as collateral.

Notes on Usage

• Obsolete Term: It is crucial to understand that "địa ốc ngân hàng" is an archaic term. You will almost never encounter it in modern business, legal, or everyday contexts.
• Modern Equivalent: To express the concept in contemporary Vietnamese, use phrases like "ngân hàng cho vay mua nhà" (bank that lends for house buying) or "ngân hàng cho vay thế chấp bất động sản" (bank that provides real estate mortgage loans). The simple term "ngân hàng" (bank) is often sufficient, as most commercial banks offer real estate services.

1. (từ cũ) Land-bank