sal'vage, n., & v.t 1.(Payment made or due for) saving of a ship or its cargo from loss by wreck or capture (also attrib., as ~money; rescue of property from fire etc.; property ~d; saving & utilization of waste paper, scrap-metal, etc.; materials ~d. 2. v.t. Make ~ of, save from wreck, fire, etc. [f. med. L salvagium or OF salvage (LL salvare SAVE, -AGE)]