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stumpage
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The answer STUMPAGE has 0 possible clue(s) in existing crosswords.
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The word STUMPAGE is VALID in some board games. Check STUMPAGE in word games in Scrabble, Words With Friends, see scores, anagrams etc.
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Definitions of stumpage in various dictionaries:
Standing timber regarded as a commodity.
The value of standing timber.
The right to cut standing timber.
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| Stumpage description |
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| Stumpage is the price a private firm pays for the right to harvest timber from a given land base. It is paid to the current owner of the land. Historically, the price was determined on a basis of the number of trees harvested, or per stump. Currently it is dictated by more standard measurements such as cubic metres, board feet, or tons. To determine stumpage, any stand that will be harvested by the firm is first assessed and appraised through processes aimed at finding the volume of timber that is to be harvested. A given stumpage rate, measured in $/volume, is then applied to the amount of timber to be harvested. The firm will then pay this price to the landowner. |