stumpage
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English
[edit]Etymology
[edit]Noun
[edit]stumpage (countable and uncountable, plural stumpages)
- Trees and other standing timber, treated as a commodity.
- C. S. Sargent
- Only trees above a certain size are allowed to be cut by loggers buying stumpage from the owners of land.
- C. S. Sargent
- The value of this timber.
- The right to fell such timber.
- The fee for the right to fell such timber.
- 1895, Congressional serial set, United States. Government Printing Office, page 177:
- The cost of getting logs from the stump to the various sawmills, including cutting, hauling, driving, boomage, shorage, tolls, and other expenses, is, on an average, from $8 to $8.50 per 1000 feet. The average cost of stumpage is $2