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Definitions from the Web

Salvage Rights

Description:

Salvage rights refer to the legal rights of a person or entity to recover or claim abandoned or damaged property. These rights allow salvors to recover the value of the property or a percentage as compensation for their efforts in rescuing or preserving it.

Examples:

Noun: The salvage rights to the shipwreck were awarded to the diving team who successfully recovered the artifacts.

Verb: The museum curator decided to salvage the antique furniture from the old house and restore it to its original condition.

Related Products:

• Books about Salvage Rights
• Salvage Rights Equipment
• Legal Guide to Salvage Rights