Webster's English Dictionary

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salvage

1. sal.vage \'sal-vij\ n [F, fr. MF, fr. salver to save - more at SAVE] 1a: 
   compensation paid for saving a ship or its cargo from the perils of the  
   sea or for the lives and property rescued in a wreck 1b: the act of saving 
   or rescuing a ship or its cargo  1c: the act of saving or rescuing property 
   in danger (as from fire)  2: property saved from destruction in a calamity 
   (as a wreck or fire) 
2. salvage \-*-b*l\ vt : to rescue or save (as from wreckage or ruin)  - 
   sal.vage.able aj