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Timber sale
A contract for the sale of federal timber to a private purchaser with the right to cut and remove trees for an agreed-upon stumpage price; the contract includes an estimated volume of wood and an appraised stumpage price, which is the basis for competitive bidding by purchasers.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
- Product:
- Acronym-Abbreviation:
Other Languages:
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