Salvage

What is Salvage?

Salvage definition and meaning on Dictionary terms:
noun
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.

verb (used with object), sal

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