Definify.com
Webster 1913 Edition
Salvage
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)
(a)
The compensation allowed to persons who voluntarily assist in saving a ship or her cargo from peril.
(b)
That part of the property that survives the peril and is saved.
Kent. Abbot.
Sal′vage
,Adj.
& Noun.
Savage.
[Obs.]
Spenser.
Webster 1828 Edition
Salvage
SALV'AGE
,Noun.
In commerce, a reward or recompense allowed by law for the saving of a ship, or goods from loss at sea, either by shipwreck or other means, or by enemies or pirates.