KudoZ home » English to Chinese » Insurance


Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
For term searches and specialty glossaries, please try the new GBK glossaries
22:54 Nov 22, 2008
English to Chinese translations [PRO]
Bus/Financial - Insurance
Additional field(s): Law (general)
English term or phrase: salvage
Definition from Insurance Information Institute:
Damaged property an insurer takes over to reduce its loss after paying a claim. Insurers receive salvage rights over property on which they have paid claims, such as badly-damaged cars. Insurers that paid claims on cargoes lost at sea now have the right to recover sunken treasures. Salvage charges are the costs associated with recovering that property.

Example sentence(s):
  • All salvage pieces are sold as-is, where-is. We offer absolutely no warrantee on any function of the boat. Buying salvage is a risk; although surveyors and repairers can offer valuable opinions, you're always betting. yachtsalvage.com
  • The insurance company then became the owner of the cars, some with major water damage and some with almost no damage. The company will sell the cars at auction with salvage titles. LeaseGuide.com
  • In most foreign countries that have a shoreline, salvaging and re-selling of boats is an important business. There are salvage yards, auctions, salvage classifieds, and associated professions like recycling, dismantling and claim adjusting. indianchild.com
Glossary-building KudoZ

This question was created by:

This question will remain open until an answer receives the required level of agreement from peers. Submission is still possible.

Summary of translations provided


Translations offered

69 days   confidence: Answerer confidence 4/5Answerer confidence 4/5

Definition from MBA Lib:
損餘物資(Salvage Value Of Insured Properties)




Example sentence(s):
  • 「Salvage」一詞在各保險險種有不同的意思。在財產保險中,「Salvage」普遍指作「損餘」。 - Mingpao  

It seems to me that "Salvage charges" or "Salvaging" can be translated as "損餘物資回收(費用)", instead of just "損餘物資(salvage)".
Hong Kong
Local time: 18:40
Native speaker of: Native in ChineseChinese
Login to enter a peer comment (or grade)

The glossary compiled from Glossary-building KudoZ is made available openly under the Creative Commons "By" license (v3.0). By submitting this form, you agree to make your contribution available to others under the terms of that license.
Creative Commons License

Return to KudoZ list

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:

Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search