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TeachMeFinance.com - explain incident of national significance incident of national significance 'incident of national significance' is an military term. It means '(DOD) An actual or potential high-impact event that requires a coordinated and effective response by and appropriate combination of Federal, state, local, tribal, nongovernmental, and/or private-sector entities in order to save lives and minimize damage, and provide the basis for long-term community recovery and mitigation activities'. Previous 5 Terms: incident incident_ incident command post _ incident command system- incident management - Next 5 Terms: incidents inclination angle_ incremental costs _ indefinite call sign- independent - 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.