- salvage
- salvage sal‧vage [ˈsælvɪdʒ] verb [transitive]1. to save goods or property from a situation in which things have already been damaged or destroyed:
• Unsuccessful attempts were made to salvage the ship immediately after it sank.
2. if someone salvages a deal when there have been serious disagreements and problems about it, they find a way to make people accept it:• He salvaged a last-minute deal to sell the state's interests in the bank.
— salvage noun [uncountable]* * *
Ⅰ.salvage UK US /ˈsælvɪdʒ/ verb [T]► TRANSPORT, PROPERTY, INSURANCE to save goods from being damaged or destroyed, especially from a ship that has sunk or been damaged, or a building that has been damaged by fire or a flood: »Workers are attempting to salvage timber in the aftermath of the hurricanes.
► to succeed in achieving or saving something that is in a difficult situation: salvage a deal »The country still held out hope of salvaging its largest foreign investment deal.
salvage a business »He is a corporate firefighter brought in to salvage a business that still has some valuable assets.
»salvage share prices
Ⅱ.salvage UK US /ˈsælvɪdʒ/ noun [U]► TRANSPORT, PROPERTY, INSURANCE the act of saving goods from being damaged or destroyed: the salvage of sth »The salvage of building materials from the site of the fire was continuing.
»salvage efforts/operations
»a salvage company
»the salvage industry/market
► (also salvage material) COMMERCE waste material or material that has not been used that has value because it can be sold: »The pigs ate contaminated pet food sold to farms as salvage.
»Many of the buildings have been erected out of salvage material.
Financial and business terms. 2012.