stumpage

stumpage (st[schwa]mp-ij).

1. The timber standing on land.

2. The value of the standing timber.

3. A license to cut the timber. [Cases: Logs and Logging

4. C.J.S. Logs and Logging § 26.]

4. The fee paid for the right to cut the timber. [Cases: Logs and Logging 1–4. C.J.S. Logs and Logging §§ 2, 6–26.]


专业法律词汇 词条贡献者
资深译员Fang,毕业于美国一流的高级翻译学院,专注翻译各种与主权及机构投资有关的法律文件。
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