noun a tax on the amount of timber cut, regulated by the price of lumber.
2. stumpage ·noun 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.
noun a tax on the amount of timber cut, regulated by the price of lumber.
2. stumpage ·noun 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.
Webster English vocab. Английский словарь Webster. 2012