To add a few more technical ones:
AC can also stand for Alternating Current.
PP can also stand for Polypropylene, a dielectric used in film caps.
FEP is a form of Teflon, a dielectric used in film caps.
PET is Polyester(Mylar), another dielectric used in film caps.
MKP refers to metallized polypropylene film caps.
MKS refers to metallized polyester(Mylar) film caps.
FKP refers to polypropylene film and foil caps.
FKS refers to polyester(Mylar) film and foil caps.
OCC refers to Ohno Continuous Casting, a method that makes metal wire with a single long crystal.
SPC refers to Silver Plated Copper wire.
Litz usually in reference to individually insulated stranded wire, but there's also Litz braiding geometries.
Coil refers to an inductor, used along with caps in crossovers.
XO short for crossover.
Sand refers to solid state parts in general.
WAF means Wife Acceptance Factor, usually in reference to the size and/or appearance of loudspeakers.