Confused and have questions? We’ve got answers. With Chegg Study, you can get step-by-step solutions to your questions from an expert in the field. If you rather get 1:1 study help, try 30 minutes of free online tutoring with Chegg Tutors.
Stumpage
From Biology-Online Dictionary | Biology-Online Dictionary
stumpage
1. 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. Only trees above a certain size are allowed to be cut by loggers buying stumpage from the owners of land. (C. S. Sargent)
2. A tax on the amount of timber cut, regulated by the price of lumber.