stumpage

[stuhm-pij]
|

noun

standing timber with reference to its value.
the value of such timber.

Origin of stumpage

First recorded in 1815–25; stump + -age
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for stumpage

Historical Examples of stumpage


British Dictionary definitions for stumpage

stumpage

noun

US and Canadian standing timber or its value
US and Canadian the right to fell timber on another person's land
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