The term 'Nautical Rescue REWARD' is composed of two words, 'SALVAGE' and 'REWARD'. SALVAGE is a noun that refers to the act of saving a ship, its cargo, or other property from loss at sea. It is often used in the context of maritime law, where a REWARD is given to those who successfully rescue a vessel or its cargo. The REWARD is usually given in the form of money or other compensation. In some cases, the REWARD may also include recognition or awards for the rescuers.