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Salvage Charges

Defined in 2 dictionaries — Cyclopedic (1922), Black's (1910)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

In insurance. All those costs, expenses, and charges necessarily incurred in and about the saving and preservation of the property imperilled, and which, if the property be insured, are eventually borne by the underwriters. Stev. Av. c. 2, § 1.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

This term includes nil the expenses and costs incurred in the work of saving and preserving the property which was in danger. The salvage charges ultimately fall upon the insurers.

Defined under Salvage in Black's Law Dictionary.