The Bloody Stump was an alcoholic beverage. It was served in The Bloody Lip at the price of one Piece O' Eight.
Trivia[]
The Barkeeper jokes with every drink's name. With it, he will comment that he can't offer Guybrush Threepwood a "bloody stump", because the chainsaw has no gas; this is a reference to the famous useless chainsaw in Maniac Mansion.