Category: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.] Only trees above a certain size are allowed to be cut by loggers Buying stumpage from the owners of land. C. S. Sargent.

2. A tax on the amount of timber cut, regulated by the price of Lumber. [local, u.s.] The nation.