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TeachMeFinance.com - explain convoy convoy 'convoy' is an military term. It means '(DOD) 1. A number of merchant ships and/or naval auxiliaries usually escorted by warships and/or aircraft-or a single merchant ship or naval auxiliary under surface escort-assembled and organized for the purpose of passage together'. Previous 5 Terms: converge _ convergence- convergence factor - conversion angle conversion scale Next 5 Terms: convoy _ convoy dispersal point- convoy escort - convoy escort convoy joiner 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.