The Collaborative International Dictionary of English v.0.48:

Salute \Sa*lute"\, v. t. [imp. & p. p. Saluted; p. pr. & vb.
   n. Saluting.] [L. salutare, salutatum, from salus, -utis,
   health, safety. See Salubrious.]
   1. To address, as with expressions of kind wishes and
      courtesy; to greet; to hail.
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            I salute you with this kingly title.  --Shak.
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   2. Hence, to give a sign of good will; to compliment by an
      act or ceremony, as a kiss, a bow, etc.
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            You have the prettiest tip of a finger . . . I must
            take the freedom to salute it.        --Addison.
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   3. (Mil. & Naval) To honor, as some day, person, or nation,
      by a discharge of cannon or small arms, by dipping colors,
      by cheers, etc.
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   4. To promote the welfare and safety of; to benefit; to
      gratify. [Obs.] "If this salute my blood a jot." --Shak.
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