Etymology
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selvage (n.)

also selvege, early 15c., selfegge, "edge of web or cloth so finished as to prevent raveling," apparently literally "its own edge," a corruption of self + edge (n.); on analogy of Middle Flemish selvegge. Compare also Low German sulfegge (which might have influenced the English word); Dutch zelfkant, from kant "border;" Middle High German selbende, German Selbend, literally "self-end."

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Definitions of selvage

selvage (n.)
border consisting of an ornamental fringe at either end of an oriental carpet;
Synonyms: selvedge
selvage (n.)
the edge of a fabric that is woven so that it will not ravel or fray;
Synonyms: selvedge
From wordnet.princeton.edu