# Salvage money (recompense)

- Canonical URL: https://www.gerhardmerk.de/salvage-money-recompense
- Post ID: 594298
- Modified: 2023-07-25T21:11:55+00:00
- Language: en

## Definition

In general, the payment made to persons providing assistance in the event of distress at sea to compensate them for their expenses; also called salvage in older documents. - In particular, payment for the collection of stranded goods (salvage fee; Bergelohn); in the individual countries usually fixed by law. - In earlier times, also a payment to the person who returned a run-off horse to its owner. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1