When you work with documents in any Office application, you interact with only one document at a time. Although you may see two or more document windows open, just one window—and one window's title bar—is active. The active window always contains the active document.
NOTE
The ActiveWindow property in Word and Excel returns the Window object, and the ActiveWindow property in PowerPoint returns the DocumentWindow object. The Window object and the DocumentWindow are conceptually the same thing. PowerPoint gives this object a more specific name in order to distinguish a window that contains an editable document from a slide-show window, which displays a document (presentation) for electronic slide shows. Both the Window and DocumentWindow objects are windows that contain a document. You'll often see a reference to the "document window." This just refers to a window that contains a document and not necessarily to the active window or active document.
When would you use ActiveWindow rather than ActiveDocument? That is, why wouldn't you just use ActiveWindow.Document instead of ActiveDocument? Using the ActiveDocument in code usually signifies that your code acts on the document, but using the ActiveWindow indicates that you need to determine something about (and do something with) the selection.