stumpage
Americannoun
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standing timber with reference to its value.
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the value of such timber.
noun
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standing timber or its value
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the right to fell timber on another person's land
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a tax or royalty payable on each tree felled, esp on crown land
Etymology
Origin of stumpage
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.
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
The sales are of stumpage only; the government does no logging on its own account.
From Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 6 "Foraminifera" to "Fox, Edward" by Various
The Honorable Pulaski promptly checked the incoherent expostulations of the stumpage baron.
From King Spruce, A Novel by Holman Day
I have known the taxes on standing timber to equal six per cent. a year on the reasonable value of the stumpage.
From The Training of a Forester by Gifford Pinchot
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
