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stumpage

[stuhm-pij] /ˈstʌm pɪdʒ/
noun
1.
standing timber with reference to its value.
2.
the value of such timber.
Origin of stumpage
1815-1825
First recorded in 1815-25; stump + -age
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for stumpage
Historical Examples
  • Just like you forgot signing this lease and stumpage contract!

    The White Desert

    Courtney Ryley Cooper
  • Your tolls for this, that, and the other figured up about as much as stumpage.

  • The sales are of stumpage only; the government does no logging on its own account.

  • Here's your stumpage at a dollar a thousand, and there's your lumber at twenty!

    The Rules of the Game Stewart Edward White
  • I'll give you a dollar a thousand stumpage for your timber, Bill.

    The Valley of the Giants Peter B. Kyne
  • The cost of logging under the methods of marking adopted is compensated fully in the stumpage appraisal.

    Our National Forests Richard H. Douai Boerker
  • Uncle Henry's money was tied up in the stumpage lease, or first payment to the owners of the land.

    Nan Sherwood at Pine Camp Annie Roe Carr
  • At the stumpage rate your million and a half which Radway 'appropriated' would be only three thousand.

    The Blazed Trail Stewart Edward White
  • When the logger is honest, he buys the right to cut from the owner of the land, paying "stumpage" of about fifty cents a tree.

    Two Years in Oregon

    Wallis Nash
  • He kept sighing and wrinkling his brows, as though in deep rumination on a matter far removed from the stumpage question.

British Dictionary definitions for stumpage

stumpage

/ˈstʌmpɪdʒ/
noun
1.
(US & Canadian) standing timber or its value
2.
(US & Canadian) the right to fell timber on another person's land
3.
(Canadian) a tax or royalty payable on each tree felled, esp on crown land
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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13
17
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