Detailed meaning of salvage The term is often used in the context of recovering or retrieving items from a situation or location where they are in danger of being lost or destroyed. For example, a salvageoperation might involve recovering a sunken ship or a wrecked car from the bottom of a lake, or salvaging valuables from a burning building. Explore the term 'salvage,' including its definition, origins, and significant contexts. Understand the multifaceted applications of salvage in both common and specialized language. SALVAGE meaning: 1. to save goods from damage or destruction, especially from a ship that has sunk or been damaged…. Learn more. salvage definition: rescue goods or property from danger. Check meanings, examples, usage tips, pronunciation, domains, and related words. Discover expressions like "salvage the situation", "salvage yard", "salvage vessel".