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TeachMeFinance.com - explain challenge challenge 'challenge' is an military term meaning '(DOD,NATO) Any process carried out by one unit or person with the object of ascertaining the friendly or hostile character or identity of another. See also countersign; password'. Previous 5 Terms: chaff - chain of command chalk commander chalk number_ chalk troops Next 5 Terms: chancery change detection_ channel airlift charged demolition target- chart base 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.