Salvage

n.	1.	The act of saving a vessel, goods, or life, from perils of the sea. Salvage of life from a British ship, or a foreign ship in British waters, ranks before salvage of goods. - Encyc. Brit.
	2.	(Maritime Law) The compensation allowed to persons who voluntarily assist in saving a ship or her cargo from peril.
a. & n.	1.	Savage.

Noun	1.	salvage - property or goods saved from damage or destruction
	2.	salvage - the act of saving goods or property that were in danger of damage or destruction
	3.	salvage - the act of rescuing a ship or its crew or its cargo from a shipwreck or a fire
Verb	1.	salvage - save from ruin, destruction, or harm Synonyms: salve, save, relieve
	2.	salvage - collect discarded or refused material; "She scavenged the garbage cans for food" Synonyms: scavenge

SALVAGE, maritime law. This term originally meant the thing or goods saved from shipwreck or other loss; and in that sense it is generally to be understood in our old books. But it is at present more frequently understood to mean the compensation made to those by whose means the ship or goods have been saved from the effects of shipwreck, fire, pirates, enemies, or any other loss or misfortune. 1 Cranch, 1.
     2. This compensation, which is now usually made in money, was, before the use of money became general, made by a delivery of part of the effects saved. Marsh. Ins. B. 1, c. 12, s. 8; Pet. Adm. Dec. 425; 2 Taunt. 302; 3 B. & P. 612; 4 M. & S. 159; 1 Cranch, 1; 2 Cranch, 240; Cranch, 221; 3 Dall. 188; 4 Wheat. 98 9 Cranch, 244; 3 Wheat. 91; 1 Day, 193 1 Johns. R. 165; 4 Cranch, 347; Com. Dig. Salvage; 3 Kent, Com. 196. Vide Salvors.

abatement, admission, admission fee, agio, allowance, amends, anchorage, atonement, bank discount, blood money, breakage, brokerage, carfare, cash discount, cellarage, chain discount, charge, charge-off, charges, compensation, concession, conservancy, conservation, conservationism, consideration, cover charge, cut, damages, deduction, deliver, deliverance, delivery, demand, depreciation, discount, dockage, drawback, dues, entrance fee, environmental conservation, exaction, exactment, extract, extricate, extrication, fare, fee, forest conservation, forest management, free, freeing, guerdon, hire, honorarium, indemnification, indemnity, keeping, kickback, liberate, liberation, license fee, lifesaving, maintenance, meed, penalty, penalty clause, percentage, pilotage, portage, premium, preserval, preservation, price, price reduction, price-cut, protection, quittance, ransom, rebate, rebatement, recapture, reclaim, reclaiming, reclamation, recompense, recoup, recoupment, recover, recovery, recuperation, recycle, redeem, redemption, redress, reduction, refund, regain, regainment, release, remuneration, reoccupation, reparation, replevin, replevy, repossession, requital, requitement, restitution, restoration, resumption, retake, retaking, retribution, retrieval, return, revindication, revival, reward, rollback, safekeeping, salvation, salve, satisfaction, save, saving, scot, scot and lot, set free, setoff, shot, smart money, soil conservation, solatium, storage, stream conservation, support, tare, time discount, toll, towage, trade discount, tret, trover, underselling, upkeep, water conservation, wergild, wetlands conservation, wharfage, wildlife conservation, win back, write-off

Definitions Index: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

About this site and copyright information - Online Dictionary Home - Privacy Policy