Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun Standing timber regarded as a commodity.
  • noun The value of standing timber.
  • noun The right to cut standing timber.

from The Century Dictionary.

  • noun Standing timber; timber-trees collectively, as in a particular tract of forest, with reference to their value for cutting or stumping, independently of that of the land.
  • noun A tax levied in some of the United States on the amount and value of timber cut for commercial purposes.
  • noun The right to cut trees on the seller's land. Payment is based on the measurement of the logs as they are brought to the landing and piled ready for the drive.
  • Of or pertaining to stumps or stumpage; reckoned by stumps.

from the GNU version of the Collaborative International Dictionary of English.

  • noun Local, U.S. 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 Local, U.S. A tax on the amount of timber cut, regulated by the price of lumber.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun Trees and other standing timber, treated as a commodity.
  • noun The value of this timber.
  • noun The right to fell such timber.
  • noun The fee for the right to fell such timber.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

stump +‎ -age

Examples

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