Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun Standing timber regarded as a commodity.
- noun The value of standing timber.
- noun The right to cut standing timber.
from The Century Dictionary.
- noun Standing timber; timber-trees collectively, as in a particular tract of forest, with reference to their value for cutting or stumping, independently of that of the land.
- noun A tax levied in some of the United States on the amount and value of timber cut for commercial purposes.
- noun The right to cut trees on the seller's land. Payment is based on the measurement of the logs as they are brought to the landing and piled ready for the drive.
- Of or pertaining to stumps or stumpage; reckoned by stumps.
from the GNU version of the Collaborative International Dictionary of English.
- noun Local, U.S. 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.
- noun Local, U.S. A tax on the amount of timber cut, regulated by the price of lumber.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun
Trees and other standingtimber , treated as acommodity . - noun The
value of this timber. - noun The
right tofell such timber. - noun The fee for the right to fell such timber.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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This is the mill when you think about what a tree buyer wants this has a predictable cash flow with a long-term stumpage agreement to a pulp mill that has as its major customer on a taker [ph] pay basis a tissue user that is a pretty stable demand and so it is an attractive cash flow situation and we are confident that a successful sale will take place.
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He eyed the wood with the knowingness of an authority on "stumpage," and added: "I don't know whether we made those rails or not; the fact is, I don't think they are a credit to the makers!"
Public Speaking Irvah Lester Winter
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He eyed the wood with the knowingness of an authority on "stumpage," and added: "I don't know whether we made those rails or not; the fact is, I don't think they are a credit to the makers!"
The Lincoln Story Book Henry Llewellyn Williams
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Cappy Ricks had no definite ideas on the subject, for he didn't own enough of that kind of stumpage to grieve him.
Cappy Ricks Retires 1918
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a man who by following the surveyors 'lines on a piece of timber, and weaving back and forth across it, can judge its market value so nearly right that his employer, the prospective timber merchant, is able to bid intelligently for the so-called "stumpage" on the tract.
Nan Sherwood at Pine Camp or, the Old Lumberman's Secret Annie Roe Carr
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What happens is that government allocates more quota than can sustainably be harvested, and charges low stumpage fees wood royalties in exchange for promised jobs.
Scott Baker: Interview With Canadian Green Party Politicians Erich Jacoby Hawkins and John Fisher Scott Baker 2011
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It also allows logging companies to concentrate on exporting raw logs, making their profit off the difference between wood value and stumpage.
Scott Baker: Interview With Canadian Green Party Politicians Erich Jacoby Hawkins and John Fisher Scott Baker 2011
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What happens is that government allocates more quota than can sustainably be harvested, and charges low stumpage fees wood royalties in exchange for promised jobs.
Scott Baker: Interview With Canadian Green Party Politicians Erich Jacoby Hawkins and John Fisher Scott Baker 2011
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When forests are privately-owned, the owner wants to maximize the long-term return on land, so insists on a higher stumpage fee and a more sustainable logging pattern.
Scott Baker: Interview With Canadian Green Party Politicians Erich Jacoby Hawkins and John Fisher Scott Baker 2011
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It also allows logging companies to concentrate on exporting raw logs, making their profit off the difference between wood value and stumpage.
Scott Baker: Interview With Canadian Green Party Politicians Erich Jacoby Hawkins and John Fisher Scott Baker 2011
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