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TeachMeFinance.com - explain watercraft watercraft 'watercraft' is an military term. It means '(DOD) Any vessel or craft designed specifically and only for movement on the surface of the water'. Previous 5 Terms: wartime load - wartime manpower planning system wartime reserve modes watching mine_ water terminal _ Next 5 Terms: waterspace management - wave wave crest wave height_ wave length _ 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.