Meaning Of The Word Salvage

Real Dictionary

What's the definition of Salvage? Find Salvage meanings, definitions and more at the Real Dictionary online.

Salvage Meaning

Salvage Definition
Salvage Definition

What's The Definition Of Salvage?

salvage
If something is salvaged, someone manages to save it, for example from a ship that has sunk, or from a building that has been damaged.
Salvage is the act of salvaging things from somewhere such as a damaged ship or building.

salvage in American English
the voluntary rescue of a ship or its cargo at sea from peril such as fire, shipwreck, capture, etc.
to save or rescue from shipwreck, fire, flood, etc.; engage or succeed in the salvage of (ships, goods, etc.)
noun: the act of saving a ship or its cargo from perils of the seas
transitive verb: to save from shipwreck, fire, etc.

salvage in British English
to save or rescue (goods or property) from fire, shipwreck, etc
noun: the act, process, or business of rescuing vessels or their cargoes from loss at sea

salvage in Insurance 1
noun: Salvage is the act of taking part in a successful rescue operation to save life or property at sea, or the money payable to someone who does this.

salvage in Insurance 2
noun: Salvage is the amount of money received by an insurer from the sale of damaged property on which a total loss has been paid to the insured.

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