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), salvaged, salvaging.
to save from shipwreck, fire, etc.

1635–45; < Old French; see save1, -age

salvageable, adjective
salvageability, noun
salvager, noun
nonsalvageable, adjective
unsalvageable, adjective
unsalvageably, adverb
unsalvaged, adjective

salvage, selvage.

7. retrieve, recover, rescue. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
salvage (ˈsælvɪdʒ)
1.  the act, process, or business of rescuing vessels or their cargoes from loss at sea
2.  a.  the act of saving any goods or property in danger of damage or destruction
 b.  (as modifier): a salvage operation
3.  the goods or property so saved
4.  compensation paid for the salvage of a vessel or its cargo
5.  the proceeds from the sale of salvaged goods or property
6.  to save or rescue (goods or property) from fire, shipwreck, etc
7.  to gain (something beneficial) from a failure: she salvaged little from the broken marriage
[C17: from Old French, from Medieval Latin salvāgium, from salvāre to save1]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

1645, "payment for saving a ship from wreck or capture," from Fr. salvage, from O.Fr. salver "to save" (see save). The general sense of "the saving of property from danger" is attested from 1878. Meaning "recycling of waste material" is from 1918, from the British effort in
World War I. The verb is 1889, from the noun.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Dealers are required to destroy the engine, which makes fewer car parts
  salvageable for recyclers.
Our job is to enter that world with them, pick apart the chaos, and find
  salvageable pieces to start rebuilding a life.
What at first seemed unworkable might, in the end, have been salvageable.
Here are ten other highlights of a history of hubris, sprinkled with moments of
  salvageable genius.
Related Words
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