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

Examples of stumpage in a Sentence

Recent Examples on the Web Timber owners were taxed on the stumpage price, which is the price without factoring in those additional costs. Lylla Younes, ProPublica, "How We Analyzed Data From Oregon’s Timber Industry," 11 June 2020 Timber owners were taxed on the stumpage price, which is the price without factoring in those additional costs. oregonlive, "How we analyzed data from Oregon’s timber industry," 11 June 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'stumpage.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/stumpage. Accessed 20 Jan. 2021.

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