Definitions of salvage:

• noun:   the act of rescuing a ship or its crew or its cargo from a shipwreck or a fire
• noun:   the act of saving goods or property that were in danger of damage or destruction
• noun:   property or goods saved from damage or destruction
• verb:   save from ruin, destruction, or harm
• verb:   collect discarded or refused material
• name:  A surname (very rare: popularity rank in the U.S.: #49628)