/ˈsælvɪdʒ əˈɡriːmənt/ – Phrase
Definition: Thỏa thuận giữa chủ tàu và người cứu hộ về việc cứu hộ tàu hoặc hàng hóa khi xảy ra sự cố trên biển.
A more thorough explanation: an agreement between the owner or the captain of a sinking ship and a salvage crew that gives details of the terms on which the ship will be saved
Example: This Salvage Agreement is for use in the rescue of a boat suffering a serious marine peril such as fire, sinking, stranding or high and dry grounding.