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TeachMeFinance.com - explain deceased deceased 'deceased' is an military term. It means '(DOD) A casualty status applicable to a person who is either known to have died, determined to have died on the basis of conclusive evidence, or declared to be dead on the basis of a presumptive finding of death. The recovery of remains is not a prerequisite to determining or declaring a person deceased. See also casualty status'. Previous 5 Terms: dead space - dead space debarkation debarkation net_ debarkation schedule _ Next 5 Terms: decentralized control - decentralized execution deception deception action_ deception concept _ 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.