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.]

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词条贡献者

译员Nanda，毕业于英国顶尖的高级翻译学院，专注翻译各种与证券和消费者集体诉讼有关的法律文件。