Stump"age (?), 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.
Only trees above a certain size are allowed to be cut by loggers buying stumpage from the owners of land.
C. S. Sargent.
A tax on the amount of timber cut, regulated by the price of lumber.
© Webster 1913.