stumpage

noun
stump·​age | \ ˈstəm-pij How to pronounce stumpage (audio) \

Definition of stumpage

1 : the value of standing timber
2 : uncut marketable timber also : the right to cut it

First Known Use of stumpage

1835, in the meaning defined at sense 1

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The first known use of stumpage was in 1835

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Cite this Entry

“Stumpage.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/stumpage. Accessed 13 December 2019.

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