stumpage

/ˈstʌmɪdʒ/

Definitions

1. noun

The value of a forest or a tract of land for its timber; the rate at which a forest is cut down.

“The forester estimated the stumpage value of the newly harvested trees at over $10 million.”

2. noun

The trunk or stump of a tree, especially one that has been cut down.

“The loggers left the stump of the ancient tree standing as a reminder of the forest’s history.”

Synonyms

  • lumber
  • timber

Antonyms

  • afforestation
  • forestation