Meaning of salvage
Pronunciation: (sal'vij), [key]
— n., v., -vaged, -vag•ing.
- the act of saving a ship or its cargo from perils of the seas.
- the property so saved.
- compensation given to those who voluntarily save a ship or its cargo.
- the act of saving anything from fire, danger, etc.
- the property saved from danger.
- the value or proceeds upon sale of goods recovered from a fire.
- to save from shipwreck, fire, etc.
- salvage (Thesaurus)