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1. Standing timber regarded as a commodity.
2. The value of standing timber.
3. The right to cut standing timber.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.


1. (Forestry) US and Canadian standing timber or its value
2. (Forestry) US and Canadian the right to fell timber on another person's land
3. (Forestry) Canadian a tax or royalty payable on each tree felled, esp on crown land
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014


(ˈstʌm pɪdʒ)

1. standing timber with reference to its value.
2. the value of such timber.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.


1. standing timber, with special reference to its value in money.
2. the right to cut such timber and its value on another’s land.
See also: Trees
-Ologies & -Isms. Copyright 2008 The Gale Group, Inc. All rights reserved.
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References in periodicals archive ?
In other words, this increase in value is the value of the option to modify one's harvest and regeneration decisions as the stumpage price path unfolds.
This study demonstrates that properly equipped Wisconsin loggers are profitably harvesting small parcels of timber; however, loggers and other timber buyers must recognize the additional costs associated with these harvests and adjust stumpage rates to compensate for these costs.
"For me, when I'm talking to a company, I've got this data and information--everything from the land that we have available, to how much you pay for stumpage in Ontario, and the process, people you would engage, funding opportunities and incentives that are available."
The price of logs delivered to American sawmills has dropped 14 percent in the past five years, dragged downward by the low price of Canadian stumpage. The low prices make it difficult for American tree farmers to invest in timberland improvements, or to recover their investments in earlier timberland purchases.
The president has a valid point about the way some of the Canadian provinces, in effect, subsidize their forest industry through a closed "stumpage" fee process.
"Southern Timber results increased significantly versus the prior year quarter driven by a 23% increase in harvest volumes and a 3% increase in weighted-average stumpage prices, as both pricing and removals benefited from wet weather conditions.
Earlier, the President also launched a commemorative coin and postal stumpage in connection with international anti-corruption day.
Darrel Christensen was fined $25,000, Ingolf Christensen and Krucker each received a suspended sentence, and the numbered company was ordered to pay the $40,000 stumpage fee of the harvested timber.
Bare land value is a specialized income approach model in forestry adapted to perpetual timber production and is primarily dependent upon the parameters of discount rate, site index (a determinant of forest yield), and stumpage price appreciation.
A positive financial outcome depends primarily on the costs of stumpage (i.e., value of the standing timber), forest operations, and transportation measured against revenue as a function of price tied to log value, which is a function of grade and volume.
Sawmills reported a 35 percent drop in stumpage costs, a 15 percent increase in logging cost, an 18 percent rise in loading and hauling costs, and a 15 percent increase in milling costs (Table 2).