A modern torpedo is an underwater ranged weapon launched above or below the water surface, self-propelled towards a target, and with an explosive warhead designed to detonate either on contact with or in proximity to the target. Historically, such a device was called an automotive, automobile, locomotive, or fish torpedo; colloquially a fish. The term torpedo originally applied to a variety of devices, most of which would today be called mines. From about 1900, torpedo has been used strictly to designate a self-propelled underwater explosive device.

A warhead is the section of a device that contains the explosive agent or toxic material that is delivered by a missile, rocket, torpedo, or bomb.