land banking

a technique used by wealthy individuals to frustrate their rivals by buying up land adjacent to their competitors locations so that they can open up competing busineses and perhaps force them out of business.

TP: "Did you hear Pete Dick got us banned from the Kirk Hotel? Now we got no place to go."
The Cooker: "Yeah but before he did that he was land banking and plans to open up a place even better down the road."
TP: "well, I guess that is why they call him Pete Dick."
The Cooker: "shut up and Irish yourself."

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