Definition of Appraised stumpage price (or appraised rate)

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TeachMeFinance.com - explain Appraised stumpage price (or appraised rate)



Appraised stumpage price (or appraised rate)

The term 'Appraised stumpage price (or appraised rate) ' as it applies to the area of agriculture can be defined as ' On national forests, the Forest Service estimate of the market price for timber to be cut and removed. It cannot be less than the base rates. The appraised price is the advertised minimum for competitive bidding by purchasers'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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