a ship which has sunk, which has been badly damaged and cannot float nouna ship which has sunk, which has been badly damaged and cannot float ExamplesThey saved the cargo from the wreck. • Oil poured out of the wreck of the tanker.the fact of collapsing, or a company which has collapsed ExamplesHe managed to save some of his investment from the wreck of the company. • Investors lost thousands of pounds in the wreck of the investment trust.verbto damage something badly or to ruin it ExamplesThey are trying to salvage the wrecked tanker. • The negotiations were wrecked by the unions. the fact of collapsing, or a company which has collapsed to damage something badly or to ruin it