salvage /ˈsælvɪd͡ʒ/noun 8verb 6forms 3 noun8 •The rescue of a ship, its crew and passengers or its cargo from a hazardous situation. •The ship, crew or cargo so rescued. •The similar rescue of property liable to loss; the property so rescued. •The process of acquiring, dismantling, and stocking the pieces of old property such as ships, houses, and vehicles, so that they can be sold on to be reused or recycled. •[before a noun] Anything put to good use that would otherwise have been wasted, such as damaged goods. •The compensation paid to the rescuers. •The money from the sale of rescued goods. •(Philippines) Summary execution, extrajudicial killing. verb6 •To rescue.Robin van Persie looked to have secured the points for the Gunners with a fine goal from Theo Walcott's through ball. But Perisic dipped a sublime 20-yard shot home to salvage a draw. — 2011 •To modify (a false proposition) to create a true proposition.Prove or disprove, and salvage if possible. •To put to use. •To make new or restore for the use of being saved. •(Philippines) To perform summary execution. •(Philippines) To apprehend and execute (a suspected criminal) without trial. formssalvaged · salvaging · salvages