Found 1 items, similar to Stumpage.
English → English (gcide) Definition: Stumpage Stumpage \Stump"age\, n. 1. 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. [Local, U.S.] [1913 Webster] Only trees above a certain size are allowed to be cut by loggers buying stumpage from the owners of land. --C. S. Sargent. [1913 Webster] 2. A tax on the amount of timber cut, regulated by the price of lumber. [Local, U.S.] --The Nation. [1913 Webster]