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TeachMeFinance.com - explain component-owned container component-owned container 'component-owned container' is an military term meaning '(DOD) A 20- or 40-foot International Organization for Standardization container procured and owned by a single Department of Defense component. May be either on an individual unit property book or contained within a component pool (e.g., Marine Corps maritime pre-positioning force containers). May be temporarily assigned to the Department of Defense common-use container system. Also called Service-unique container. See also common-use container'. Previous 5 Terms: complete round completeness complex contingency operations_ component _ component- Next 5 Terms: composite warfare commander compression chamber compromise_ compromised _ computed air release point- 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.