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TeachMeFinance.com - explain assembly assembly 'assembly' is an military term meaning '(DOD,NATO) In logistics, an item forming a portion of an equipment, that can be provisioned and replaced as an entity and which normally incorporates replaceable parts or groups of parts. See also component; subassembly'. Previous 5 Terms: assault follow-on echelon_ assault phase assault schedule _ assault shipping assault wave_ Next 5 Terms: assembly anchorage- assembly area assembly area - assessment assessment- 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.