stumpage

noun

stump·​age ˈstəm-pij How to pronounce stumpage (audio)
1
: the value of standing timber
2
: uncut marketable timber
also : the right to cut it

Examples of stumpage in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
The supply of standing trees (called stumpage) is abundant. Bryan Rich, Forbes, 18 May 2021 Timber owners were taxed on the stumpage price, which is the price without factoring in those additional costs. oregonlive, 11 June 2020

Word History

First Known Use

1835, in the meaning defined at sense 1

Time Traveler
The first known use of stumpage was in 1835

Dictionary Entries Near stumpage

Cite this Entry

“Stumpage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/stumpage. Accessed 17 Nov. 2024.

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