Definition

Timber that is still standing and can be sold or cut down for use.

Example

The company purchased the stumpage rights to the forest for future logging.

Conversation

I was reading about how stumpage values can change depending on the market.

Really? I didn't know that it could fluctuate like that.

Yeah, it’s interesting how the value of standing timber can impact local economies.

Definitely! It seems like a crucial factor for many forest owners.

Synonyms & Antonyms

Root Explanation

Stumpage → The word originates from the combination of 'stump' (from Old English 'stumpa', meaning the truncated part of a tree) and '-age' (a suffix used to denote a state or condition). Thus, 'stumpage' refers to the condition or state of stumps, particularly in the context of timber and forestry.

Memory Tip

Think of 'stump' as the leftover part of a tree and '-age' indicating a state or condition — so stumpage refers to the state of tree stumps.

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