What is the meaning of STUMPAGE. Phrases containing STUMPAGE
See meanings and uses of STUMPAGE!Slangs & AI meanings
The sum paid to owners of land for the privilege of cutting the timber growing thereon.
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n.
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.
n.
A tax on the amount of timber cut, regulated by the price of lumber.
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