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stumpage

[ stuhm-pij ]
/ ˈstʌm pɪdʒ /
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noun
standing timber with reference to its value.
the value of such timber.
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Origin of stumpage

First recorded in 1815–25; stump + -age
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use stumpage in a sentence

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
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