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stumpage

 - 2 dictionary results

stump⋅age

[stuhm-pij]
–noun
1. standing timber with reference to its value.
2. the value of such timber.

Origin:
1815–25; stump + -age
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To stumpage
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.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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