Floatage is a term used to describe the collective of items that are floating in a body of water. It includes both FLOTSAM and jetsam, which are two distinct categories of debris. FLOTSAM is defined as wreckage or cargo that remains afloat after a shipwreck, while jetsam is defined as goods that are deliberately thrown overboard to lighten a vessel's load. Floatage is an important concept in maritime law, as it can be used to determine who is responsible for any damage caused by the debris.