bergung (auf see)

listen to the pronunciation of bergung (auf see)
German - English
salvage
anything that has been put to good use that would otherwise have been wasted
save from ruin, destruction, or harm
Recovery of materials for on-site reuse or donation to a third party
Property transferred to an insurer to reduce its loss The insurer secures an ownership interest from paying a claim for total loss or damage based on the true value of the property in its undamaged state or before the loss occurred
Property that, because of its worn, damaged, deteriorated, or incomplete condition or specialized nature, has no reasonable prospect of sale or use as serviceable property without major repairs, but has some value in excess of its scrap value
The property which has been recovered from a wrecked vessel, or the recovery of the ship herself
The saving and utilization of waste materials leftover from a remodeling job or a fire
{f} save from destruction, rescue
to put discarded goods to use
Harvesting damaged or defective trees for their economic value or for forest health Includes salvage of residual cedar, blow-down stands, and fire-damaged stands
Recovery made by an insurance company by the sale of property which has been taken over from the insured as a part of loss settlement
{i} act of saving, act of rescuing; act of saving a ship or its cargo from destruction; property that has been saved, rescued items
Savage
The salvage from somewhere such as a damaged ship or building is the things that are saved from it. They climbed up on the rock with their salvage
to rescue property or people at risk
(Sauvetage or Récupération) Property which has been damaged by an insured peril but still has some realizable value This value is taken into account in determining the amount of the loss It is also used as indicating the process of taking steps to reduce the amount of a loss Such as the removal of goods during the course of a fire to prevent damage or the removal of the goods after the fire to prevent further damage
That which is recovered from the Principal or an indemnitor to offset in whole or in part the loss and expense incurred by a surety in satisfying obligations it has sustained under a bond
It is the right of the Insurer to take possession of property (salvage) for which it has paid   Some Insurers, if agreed to by the Insured, will 'sell the salvage back' by deducting the salvage value from their settlement amount, and allowing the Insured to keep the property  
In auto insurance: a) The remainder or residue of the damaged property usually claimed by the insurer after said property has been declared a total loss b) A vehicle which has been previously declared a total loss by an insurer
The act of saving a vessel, goods, or life, from perils of the sea
bergung (auf see)
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