SAVELOY Meaning of SAVELOY in English [ 'savəlɔɪ ]■ noun Brit. a seasoned red pork sausage, dried and smoked and sold ready to eat.OriginC19: alt. of obs. Fr. cervelat , from Ital. cervellata ; cf. cervelat . Concise Oxford English vocab. Сжатый оксфордский словарь английского языка. 2004