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TeachMeFinance.com - explain common item common item 'common item' is an military term meaning '(DOD) 5. Items used by two or more Military Services of similar manufacture or fabrication that may vary between the Services as to color or shape (as vehicles or clothing)'. Previous 5 Terms: common infrastructure- common item - common item common item common item_ Next 5 Terms: common item- common operating environment - common operational picture common servicing common supplies_ 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.