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TeachMeFinance.com - explain declassify declassify 'declassify' is an military term. It means '(DOD,NATO) To cancel the security classification of an item of classified matter. Also called DECL. See also downgrade'. Previous 5 Terms: decisive engagement decisive point_ deck alert _ deck status light- declassification - Next 5 Terms: declination decompression_ decompression chamber _ decontamination- decontamination station - 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.