What is salvageable?

Salvageable refers to something that can be saved, recovered, or restored. In various fields such as insurance, construction, and automotive industries, the term "salvageable" is commonly used to refer to damaged property or equipment that is still valuable enough to be repaired or reused. For example, a car involved in an accident may be considered salvageable if the cost of repairing the vehicle is less than the value of the car in its current condition. In the same manner, a building damaged by fire or natural disaster may be deemed salvageable if its structure is still sound and can be restored to a functional state. Salvageable items or products can also be sold or auctioned for profit, particularly when they are rare, vintage, or have historical significance. In general, salvageable refers to anything that can be salvaged, rescued, or reused instead of being discarded or destroyed.