salvage


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Wikipedia.
Related to salvage: Marine salvage

salvage,

in maritime law, the compensation that the owner must pay for having his vessel or cargo saved from peril, such as shipwreck, fire, or capture by an enemy. Salvage is awarded only when the party making the rescue was under no legal obligation to do so. A claim for salvage ordinarily is allowed if the salvor's activities had some effect in averting the threatened peril even if they were not indispensable. In the United States, salvage is granted for rescues made on navigable streams and lakes as well as on the open sea. Salvage includes a reward designed to encourage rescue operations besides the payment for the value of the services. In setting the amount of the salvage, courts consider relevant factors such as the expense and hazard of the rescue and the price of the ship or goods saved. Salvage is distributed by the court to the owner, the master, and the crew of the rescuing ship, usually according to fixed ratios. Salvage money is not payable to the captain and crew of ships commissioned by a government specifically for rescue operations.

Salvage

The controlled removal of construction or demolition debris, or other waste, from a permitted building or demolition site for the purpose of recycling, reuse, or storage for later recycling or reuse. Commonly salvaged materials include structural beams and posts, flooring, doors, cabinetry, brick, and decorative items.

salvage

In a building under repair or reconstruction, the saving of damaged or discarded material, for use or resale, which otherwise would be a total loss.

salvage

1. the act, process, or business of rescuing vessels or their cargoes from loss at sea
2. compensation paid for the salvage of a vessel or its cargo
References in periodicals archive ?
Results of salvage cryoablation of the prostate after radiation.
Waiting until the end of the claim rushes the salvage process and potential compliance issues are overlooked.
USS Safeguard is a Safeguard class auxilliary rescue and salvage ship.
Mammoet Salvage BV is part of Mammoet Holding BV (heavy transport and lifting specialists) which was awarded the contract for the salvage of the Russian nuclear submarine Kursk in 2001.
The investigators reported that this group of patients accounted for two-thirds of the salvage radiotherapy patients and nearly a quarter (24%) of the total patient population.
The study rightly notes that salvage logging can produce significant economic and social benefits, factors that should certainly be taken into account when the government decides what to do with burned forests.
Not only are salvage forces not included in the sea basing doctrine, and admittedly there may not be an awful lot of sea basing doctrine, but there is not an awful lot of discussion and dialog" about the salvage forces.
Most investigators have now accepted neoadjuvant chemotherapy combined with radiation and surgical salvage as a standard alternative to immediate laryngectomy.
Various large-deck amphibious assault ships and aircraft carriers participated in the 2001 Crash and Salvage Olympics, including Nassau (LHA 4), Saipan (LHA 2), Iwo Jima (LHD 7), Theodore Roosevelt (CYN 71), Dwight D.
In January, the FDA Antiviral Drugs Advisory Committee held a meeting on salvage therapy trial design.
Initial analysis indicates the salvage would take approximately six months to complete, at an estimated cost of $40 million,'' the Navy said in a statement released Monday.
The concept of the underwater recovery of evidence as nothing more than a salvage operation represents a major myth that surrounds this process.