salvage

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15:55 Apr 16, 2009
English to Malay 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
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Summary of translations provided
5penyelamatan
Hisyam Muhammad


  

Translations offered


180 days   confidence: Answerer confidence 5/5
penyelamatan


Definition from Karyanet:
saving of property from loss, penyelamatan, usaha menyelamatkan: the vessel engaged in the ~ of the sunken ship, kapal yg terlibat dlm usaha menyelamatkan kapal yg tenggelam;

Example sentence(s):
  • Tiada pemotongan akan dibuat ke atas susut-nilai sekiranya alat-alat ganti ditukar, tetapi nilai mana-mana salvaj (kos menyelamat) akan diambilkira. - Takaful Ikhlas  
Hisyam Muhammad
Malaysia
Local time: 12:36
Native speaker of: Native in MalayMalay, Native in EnglishEnglish
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