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stumpage - Meaning and Examples

Meaning of 'stumpage' (Webster Dictionary)

1 . Stumpage [ 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.
- A tax on the amount of timber cut, regulated by the price of lumber.

Nearby Words:

stub stubbed stubbedness stubbiness stubbing stubble stubbled stubbly stubborn stubby

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