Salvage

Noun

 * 1) the rescue of a ship, its crew or its cargo from a hazardous situation
 * 2) the ship, crew or cargo so rescued
 * 3) the compensation paid to the rescuers
 * 4) the similar rescue of property liable to loss; the property so rescued
 * 5) anything that has been put to good use that would otherwise have been wasted
 * 6) damaged
 * 7) * salvage cars auction.

Verb

 * 1)  Of property or people at risk, to rescue
 * 2)  Of discarded goods, to put to use
 * 3)  To make new or restore for the use of being saved

Thesaurus
abatement, admission, admission fee, agio, allowance, amends, anchorage, atonement, bank discount, blood money, breakage, brokerage, carfare, cash discount, cellarage, chain discount, charge, charge-off, charges, compensation, concession, conservancy, conservation, conservationism, consideration, cover charge, cut, damages, deduction, deliver, deliverance, delivery, demand, depreciation, discount, dockage, drawback, dues, entrance fee, environmental conservation, exaction, exactment, extract, extricate, extrication, fare, fee, forest conservation, forest management, free, freeing, guerdon, hire, honorarium, indemnification, indemnity, keeping, kickback, liberate, liberation, license fee, lifesaving, maintenance, meed, penalty, penalty clause, percentage, pilotage, portage, premium, preserval, preservation, price, price reduction, price-cut, protection, quittance, ransom, rebate, rebatement, recapture, reclaim, reclaiming, reclamation, recompense, recoup, recoupment, recover, recovery, recuperation, recycle, redeem, redemption, redress, reduction, refund, regain, regainment, release, remuneration, reoccupation, reparation, replevin, replevy, repossession, requital, requitement, rescue, restitution, restoration, resumption, retake, retaking, retribution, retrieval, retrieve, return, revindication, revival, reward, rollback, safekeeping, salvation, salve, satisfaction, save, saving, scot, scot and lot, set free, setoff, shot, smart money, soil conservation, solatium, storage, stream conservation, support, tare, time discount, toll, towage, trade discount, tret, trover, underselling, upkeep, water conservation, wergild, wetlands conservation, wharfage, wildlife conservation, win back, write-off