salvage

IPA: sˈæɫvʌdʒ

The rescue of a ship, its crew and passengers or its cargo from a hazardous situation.
The ship, crew or cargo so rescued.
The compensation paid to the rescuers.
The money from the sale of rescued goods.
The similar rescue of property liable to loss; the property so rescued.
(sometimes attributive) Anything put to good use that would otherwise have been wasted, such as damaged goods.
(Philippines) Summary execution, extrajudicial killing.
A town in Newfoundland, Newfoundland and Labrador, Canada.
Obsolete spelling of savage. [(derogatory) A person not living in a civilization; a barbarian.]

Examples of "salvage" in Sentences

That, I think, could be the enduring lesson we salvage from the Teen Mom phenomenon.
Make what you call a salvage job of it, and your pickings, mister, 'ull be out and away beyond the value of what we've been obliged to make you leave behind you.'
Although he works occasionally at commercial salvage, what Travis McGee really likes to salvage is the wounded heart, the "broken bird," usually a very attractive female to whom he offers his own brand of therapy in the large bed of his gently rocking boat.
“We must give General Petraeus and the Americans he has the honor to command adequate time to salvage from the wreckage of our past mistakes a measure of stability for Iraq and the Middle East, and a more secure future for the American people,” said McCain.
A mother reaches around the baby strapped on her chest to scoop up beads marked VINTAGE, V for the vast enchanted who sleepwalk through the fair, lifting tongs forged by a local smith, as though to salvage from a great fire icons of a past flimsy as a chain of paper dolls, bare as a brass fist with a missing flagpole.