Stumpage
(n.) Timber in standing trees, -- often sold without the land at a fixed price per tree or per stump, the stumps being counted when the land is cleared.
Stumpage - Other Definitions
- (n.) Timber in standing trees, -- often sold without the land at a fixed price per tree or per stump, the stumps being counted when the land is cleared.
- (n.) A tax on the amount of timber cut, regulated by the price of lumber.
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