Stumpage is the price charged by a land owner to companies or operators for the right to harvest timber on that land. Stumpage used to be calculated on a "per stump" basis (hence the name). It is now usually charged by
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Stumpage — Stump age, n. 1. Timber in standing trees, often sold without the land at a fixed price per tree or per stump, the stumps being counted when the land is cleared. [Local, U.S.] [1913 Webster] Only trees above a certain size are allowed to be cut… … The Collaborative International Dictionary of English
stumpage — [stum′pij] n. 1. standing timber or its value 2. the right to cut such timber … English World dictionary
stumpage — The sum by agreement to be paid an owner for trees standing (or lying) upon his land, the party purchasing being permitted to enter upon the land and to cut and remove them. The price paid for a license to cut. Stumpage on lumber is somewhat of… … Ballentine's law dictionary
stumpage — pij, pēj noun ( s) 1. : the value of or price paid for timber as it stands uncut in the woods 2. : uncut marketable timber growing scarcity of accessible cedar stumpage Journal of Forestry … Useful english dictionary
stumpage — noun Date: 1835 1. the value of standing timber 2. uncut marketable timber; also the right to cut it … New Collegiate Dictionary
stumpage — /stum pij/, n. 1. standing timber with reference to its value. 2. the value of such timber. [1815 25; STUMP + AGE] * * * … Universalium
stumpage — noun a) Trees and other standing timber, treated as a commodity b) The value of this timber … Wiktionary
stumpage — n. value of standing trees as timber; right to cut down standing trees … English contemporary dictionary
stumpage — stump·age … English syllables
stumpage — stump•age [[t]ˈstʌm pɪdʒ[/t]] n. 1) agr. standing timber with reference to its value 2) agr. the value of such timber • Etymology: 1815–25 … From formal English to slang
