Definitions for "VACANT LAND"
Land without buildings. May or may not have improvements, such as sewers, etc.
Land which does not have a derelict or degraded appearance but which, nevertheless, does not have any current economic use or recognised amenity value.
Land that may be improved and developed but is not currently in use.
Keywords:  future, stand, view, build, purchase
This is a loan to purchase a vacant stand with a view to build in the future.