Stumpage - Meaning, Definition & English Examples
Stumpage refers to the value or price of standing trees before they are harvested. It is often used in forestry to determine the cost of timber rights or land use.
Definition:
The value of standing timber before it is cut and sold.
Synonyms:
timber value, forest yield, wood harvest
Part of Speech:
noun
Antonyms:
deforestation, barren land
Common Collocations:
stumpage fees, stumpage rates, stumpage appraisal
Derivatives:
stumper, stumping
Usage Tips:
Use "stumpage" when discussing the economic value of uncut trees in forestry or logging contexts.
Common Phrases:
stumpage rights, stumpage contract, stumpage auction
Etymology:
Derived from "stump," referring to the base of a tree left after cutting, combined with "-age" indicating a related value or condition.
Examples:
- 1. The government increased stumpage fees to protect forests.
- 2. Loggers must pay for stumpage before harvesting trees.
- 3. Stumpage prices vary by tree species and location.
- 4. The company bid high for the valuable stumpage rights.