Black's Law Dictionary (2nd edition)dictionaries

Salvage

In maritime law. A compensation allowed to persons by whose assist-ance a ship or its cargo lias been saved, in whole or in part, from Impending danger, or recovered from actual loss, In cases of shipwreck, derelict, or recapture. 3 Kent, Comm. 245. Cope v. Vallette Dry-Dock Co., 119 U. S. 625, 7 Sup. Ct. 336, 30 L. Ed. 501; The Rita, 62 Fed. 763, 10 C. C. A. 629 ; The Lyman M. Lnw (D. C.) 122 Fed. 822; The Blackwall, 10 wall. 11, 19 L. Ed. 870; The Spokane (D. C.) 67 Fed. 256

Source: Black's Law Dictionary 2nd Ed (1910)