What does SALVAGE stand for?

What does SALVAGE mean? We have 2 definitions. Read most used SALVAGE meanings below.

SALVAGE — (DOD) 1.Property that has some value in excess of its basic material content but is in such condition that it has no reasonable prospect of use for any purpose as a unit and its repair or rehabilitati
SALVAGE — (DOD) 2.The saving or rescuing of condemned, discarded, or abandoned property, and of materials contained therein for reuse, refabrication, or scrapping.

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