Ok. Three answers now and all three would be correct. That is the way that "slang" works. On the battlefield, it is the "cease fire zone" between two opposing forces.
We rent an address space out on the Internet at each of our locations. We are allowed to use that space (for example 16 addresses) as we see fit and this is what we refer to as the DMZ. They could be protected by some means of firewall for access to internal users or they could be a web server that sits out there all by itself. There is a router between the DMZ and the rest of the Internet that is owned by the ISP that we rent the space from. It could contain some level of filtering but ours does not. So, for example, our proxy server routes and filters access to the Internet to this address space and the router on the other side of the DMZ forwards that traffic to the rest of the Internet. The point is that we get to use this "cease fire zone" and we refer to it as the DMZ. It sounds cool... DMZ.
And it fits the standard 3-letter accronym... Em... em... em... excuse me... have you seen my stapler?
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