The meaning of SALVAGE is compensation paid for saving a ship or its cargo from the perils of the sea or for the lives and property rescued in a wreck. How to use salvage in a sentence.

SALVAGE definition: 1. to save goods from damage or destruction, especially from a ship that has sunk or been damaged….

to preserve (a useful or valuable part) from something otherwise wasted, discarded, or deemed a failure: I tried to salvage the unburnt part of the cornbread. We purchase end-of-life vehicles and salvage …

Aug 22, 2025 · Discover what salvage value means, how it's calculated, and see examples of its role in depreciation schedules to better manage your financial assets.

Collocations: the salvage of [parts, possessions, materials, metals], salvage (obtained) from the [wreck, blast, earthquake], salvage taken from the [car, vehicle], more...

SALVAGE meaning: 1 : the act of saving something (such as a building, a ship, or cargo) that is in danger of being completely destroyed; 2 : something (such as cargo) that is saved from a wreck, fire, …

salvage 1. the recovery of a ship or its contents or cargo after damage or sinking. 2. the material recovered and the compensation to those who recover it. 3. the rescue and use of any found or …

to save or rescue from shipwreck, fire, flood, etc.; engage or succeed in the salvage of (ships, goods, etc.)

Definition of salvage noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

To salvage something is to save it...before it's too late. You might try to salvage your damaged reputation by defending yourself, or salvage a burnt piece of toast by scraping off the black residue.