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What is a timberland?

What is a timberland? Here are some definitions.

Noun
  1. Forested land thought of in terms of its potential and value as timber.
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They do everything from logging the trees on their extensive timberland to lining the caskets with white muslin.
Participants manage more than 90 percent of private timberland in the United States.
More than 15 million acres of timberland in 30 states contain black walnut.
We own two private forest products companies that we acquired in connection with the purchase of core timberland and power generation operations.
There's lots of national forest and private timberland around and no large communities close by.
But I own a home and several rental properties in Houston and some timberland in Polk County.

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