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stumpage

American  
[stuhm-pij] / ˈstʌm pɪdʒ /

noun

  1. standing timber with reference to its value.

  2. the value of such timber.


stumpage British  
/ ˈstʌmpɪdʒ /

noun

  1. standing timber or its value

  2. the right to fell timber on another person's land

  3. 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

Etymology

Origin of stumpage

First recorded in 1815–25; stump + -age


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

He said stumpage prices — the price timber companies pay for the right to harvest trees — remains up about 25% from last year.

From Seattle Times ● Sep. 5, 2022

Among the kinds of property he had sold Bishop Cannon listed "houses and lots, timber stumpage, coal, cotton and bank stocks and stocks and bonds listed on the New York Stock Exchange."

From Time Magazine Archive

"You can let it out and sell the stumpage if you want to?"

From The White Desert by Anton Otto Fischer

The Honorable Pulaski promptly checked the incoherent expostulations of the stumpage baron.

From King Spruce, A Novel by Holman Day

She looked at him with questioning gaze, as though to ask how much he knew of the strain that had prostrated John Barrett, the stumpage king.

From King Spruce, A Novel by Holman Day

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