stumpage
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stump·age
(stŭm′pĭj)n.
1. Standing timber regarded as a commodity.
2. The value of standing timber.
3. The right to cut standing timber.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
stumpage
(ˈstʌmpɪdʒ)n
1. (Forestry) US and Canadian standing timber or its value
2. (Forestry) US and Canadian the right to fell timber on another person's land
3. (Forestry) Canadian a tax or royalty payable on each tree felled, esp on crown land
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
stump•age
(ˈstʌm pɪdʒ)n.
1. standing timber with reference to its value.
2. the value of such timber.
[1815–25]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
stumpage
1. standing timber, with special reference to its value in money.
2. the right to cut such timber and its value on another’s land.
See also: Trees2. the right to cut such timber and its value on another’s land.
-Ologies & -Isms. Copyright 2008 The Gale Group, Inc. All rights reserved.