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Legal Definitions - Salvage
Definition of Salvage
Salvage refers to the act of voluntarily rescuing or protecting property, goods, or even lives from imminent danger, loss, or destruction. It often involves taking action when there is no pre-existing legal duty to do so. In a legal context, "salvage" can also refer to the financial reward or compensation (known as a salvage award) given to individuals or entities who successfully perform such a rescue, particularly in maritime situations, for their efforts in saving a vessel, its cargo, or its crew.
Example 1 (Maritime Rescue): A private fishing trawler spots a luxury yacht adrift and taking on water far offshore after its engine failed and its crew was incapacitated. The trawler tows the yacht to the nearest safe harbor, preventing it from sinking.
Explanation: This illustrates salvage because the fishing trawler had no prior obligation to assist the yacht. By voluntarily intervening and successfully bringing the endangered vessel to safety, the trawler's owners would likely be entitled to a salvage award for their efforts, skill, and the risk taken.
Example 2 (Land-based Property Protection): During a flash flood, a group of local volunteers quickly mobilizes to help residents move valuable furniture, electronics, and family heirlooms from the ground floor to higher levels of their homes before the rising waters inundate the property.
Explanation: This demonstrates the act of salvage as the volunteers are actively rescuing endangered personal property from imminent destruction by the floodwaters. While they might not seek a formal "salvage award" in the same way a maritime rescuer would, their actions perfectly fit the definition of saving goods from loss without a pre-existing duty.
Example 3 (Commercial Goods Recovery): A freight train derails, scattering containers of electronics across a remote area. A nearby rancher, noticing the accident, immediately uses his tractor to move several intact containers away from a rapidly spreading brush fire ignited by the derailment, securing them until emergency services arrive.
Explanation: Here, the rancher's actions constitute salvage. He voluntarily intervened to protect valuable commercial goods (the electronics) from being destroyed by fire, preventing significant financial loss for the cargo owner, even though he had no contractual or legal obligation to do so.
Simple Definition
Salvage refers to the act of rescuing endangered property or goods from loss or damage. It also describes the monetary compensation awarded to someone who voluntarily saves lives, cargo, or a vessel from peril, without a pre-existing legal duty to do so.