stumpage

[ stuhm-pij ]

noun

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

stumpage

/ 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

Word History and Origins

Origin of stumpage¹

First recorded in 1815–25; stump + -age

Example Sentences

He had beaten them with his dam and boom company; he had beaten them in certain stumpage operations.

From Project Gutenberg

The cost of logging under the methods of marking adopted is compensated fully in the stumpage appraisal.

From Project Gutenberg

He kept sighing and wrinkling his brows, as though in deep rumination on a matter far removed from the stumpage question.

From Project Gutenberg

It is therefore true that stumpage prices have risen greatly, although conditions new to the American lumbermen are imposed.

From Project Gutenberg

Between the one dollar you pay for stumpage and the twenty dollars you get for lumber lies all these things.

From Project Gutenberg