stumpage
1a n. Lumbering a price paid for the right to cut standing timber.
See also: timber tariff
1b n. Lumbering a tax or royalty paid to the government on each tree taken out of a timber berth.
See also: stumpage dues timber dues
1c n. Lumbering the right to cut standing timber.
See also: timber rights
2 n. See 1912 quote.