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TeachMeFinance.com - explain fleet fleet 'fleet' is an military term meaning '(DOD) An organization of ships, aircraft, Marine forces, and shore-based fleet activities all under the command of a commander or commander in chief who may exercise operational as well as administrative control. See also major fleet; numbered fleet'. Previous 5 Terms: flash message flash suppressor flash-to-bang time_ flatrack _ flatted cargo- Next 5 Terms: fleet ballistic missile submarine flexible deterrent option flexible response_ flight _ flight- 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.