Stumpage
Encyclopedia
Stumpage is the price charged by a land owner to companies or operators for the right to harvest timber on that land. Stumpage used to be calculated on a "per stump" basis (hence the name). It is now usually charged by ton
s, board feet or by cubic metres.
Ton
The ton is a unit of measure. It has a long history and has acquired a number of meanings and uses over the years. It is used principally as a unit of weight, and as a unit of volume. It can also be used as a measure of energy, for truck classification, or as a colloquial term.It is derived from...
s, board feet or by cubic metres.