stumpage

[ stuhm-pij ]

/ ˈstʌm pɪdʒ /

noun

standing timber with reference to its value.

the value of such timber.

Nearby words

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

The cost of logging under the methods of marking adopted is compensated fully in the stumpage appraisal.
Our National Forests|Richard H. Douai Boerker
The sales are of stumpage only; the government does no logging on its own account.
Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 6|Various
Your tolls for this, that, and the other figured up about as much as stumpage.
King Spruce, A Novel|Holman Day
I'll give you a dollar a thousand stumpage for your timber, Bill.
The Valley of the Giants|Peter B. Kyne

The Honorable Pulaski promptly checked the incoherent expostulations of the stumpage baron.
King Spruce, A Novel|Holman Day

British Dictionary definitions for stumpage

stumpage

/ (ˈstʌmpɪdʒ) /

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