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TeachMeFinance.com - explain activity activity 'activity' is an military term. It means '(DOD) 2. A function, mission, action, or collection of actions. Also called ACT. See also establishment'. Previous 5 Terms: active homing guidance active material _ active mine active sealift forces_ active status Next 5 Terms: activity actual ground zero - actuate acute care services- acute radiation dose Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.