Meaning of “salvage” in the English Dictionary

"salvage" in English

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salvageverb [ T ]

uk /ˈsæl.vɪdʒ/ us /ˈsæl.vɪdʒ/
noun [ U ] uk us

They mounted a salvage operation after the fire.
adjective uk /ˈsæl.vɪdʒ.ə.bəl/ us /ˈsæl.vɪdʒ.ə.bəl/

There is nothing that is salvageable in the building - we have lost everything.

(Definition of “salvage” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"salvage" in American English

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salvageverb [ T ]

us /ˈsæl·vɪdʒ/

to save something valuable from damage, destruction, or loss:

After the storm, we were able to salvage some of our belongings, but the house was destroyed.

(Definition of “salvage” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"salvage" in Business English

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salvageverb [ T ]

uk /ˈsælvɪdʒ/ us

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

salvagenoun [ U ]

uk /ˈsælvɪdʒ/ us

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.
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.

(Definition of “salvage” from the Cambridge Business English Dictionary © Cambridge University Press)