APPENDIX 309 



Timherland or Timber is used to designate ability to furnish at once 

 logs or material for commercial purposes. 



Woodlot. Any small tract of forest, usually the forested portion of a 

 farm. 



Forest. In finance, refers to the combination of soil and stand. 



Forest, v. To establish a forest either by natural or artificial means. 



Forest capital. See under Capital. 



Forest cover. All trees and other woody plants (underbrush) covering 

 the groimd in a forest. 



Forest economics. A comprehensive term including all matter referring 

 to the position of forests in public affairs. 



Forest economy. A comprehensive term including all matter dealing 

 with the business aspects of forest management. 



Forest expectancy value. See under Value. 



Forest finance. That branch of the science of forestry which relates to 

 the forest as an investment. It includes two distinct subjects, forest 

 valuation and forest statics; the first concerning itself with valuations 

 of soil and growing stock, increment, and damage; the second concerns 

 itself with a comparison of the financial results of different methods 

 of treatment and other questions of profitableness and financial 

 effects. 



G., Waldwertrechmmg = forest valuation: forstUche Statik = forest 

 statics. 



Forest fire. See under Protection terms. 



Forest floor. A term used in forest description to designate only the 

 deposits of vegetable matter on the ground in a forest. 



Litter includes the upper, but shghtly decomposed portion of the 

 forest floor; humus, the portion in which decomposition is weU ad- 

 vanced. See Humus. An intermediate layer of more or less decom- 

 posed organic matter below the litter may be designated as duf. 



Forest influences. AU effects resulting from the presence of the forest 

 upon health, climate, streamflow, and economic conditions. 



Forest inventory. See Forest survey. 



Forest management. The practice or application of forestry in the con- 

 duct of the forest business. 

 G., Forstbetrieb. F., exploitation des forets, am^nagement. 

 The collating committee prefers to see the term used as defined, 

 instead of as an equivalent to forest economy as a collective name for 



