pictureHere is a list of every single photography related abbreviation that I could think of. If I have left anything off feel free to let me know.
This should help you understand any terminology when using or shopping for your camera equipment.

 

 

 

A ~ DEP ~ Automatic Depth of Field

AE ~ Automatic Exposure

AEB ~ Auto~Exposure Bracketing

AF ~ Auto Focus

A / AV ~ Aperture Priority

AP ~ Aperture Priority

AS ~ Antishake (don’t confuse this one with image stabilisation - sometimes AS only means that the camera automatically increase ISO to hide shake)

BMP ~ bitmap, type of image file

B&W ~ Black and White

BTL ~ Behind the Lens

CCD ~ Charged Coupled Device

CMOS ~ Complementary Metal Oxide Semiconductor

CMS ~ Colour Management System

CMYK ~ Cyan, Magenta, Yellow, Black

CF ~ Compact Flash (memory card)

CAF ~ Conitinous Auto Focus

CWB ~ Custom White Balance

DI ~ Digital Imaging

DOF ~ Depth of Field

DP ~ Digital Photography

DPI ~ Dots per Inch

DSLR ~ Digital Single Lens Reflex

DNG ~ Digital Negative

DR ~ Dynamic Range (standard or High)

DZ ~ Digital Zoom

EC ~ Exposure Compensation

EV ~ Exposure Value

EVF ~ Electronic Viewfinder

EF ~ Electronic Focus

EF-S ~ Electronic Focus - Shortback

FEB ~ Flash Exposure Bracketing

FD ~ type of canon lens mount

FEC ~ Flash Exposure Compensation

FEL ~ Flash Exposure Lock

FF ~ Full Frame

FOV ~ Field Of View

FT-M ~ Full Time Manual Focus

FPS ~ Frames per Second

GB ~ Gigabyte

GIF ~ Graphics Interchange Format (image format type)

HDR ~ High Dynamic Range

IF ~ Internal Focusing

IR ~ Infrared

IS ~ Image Stabilization (OIS: Optical IS)

ISO ~ International Standards Organization

IQ ~ Image Quality

JPEG or JPG ~ Joint Photographic Experts Group (image format type)

LCD ~ Liquid Crystal Display

LED ~ Light Emitting Diode

LTE ~ Long Time Exposure

LV ~ Live View

M ~ Manual

MB ~ Megabyte

MF ~ Manual Focus

MMC ~ MultiMedia Card

MLU ~ Mirror Lock~up

MP ~ Megapixels

MS ~ Memory Stick

NR ~ Noise Reduction

ND ~ Neutral Density (filter)

OOC ~ Out of Camera

OOF ~ Out of Focus

OTF ~ Off the Film

OVF ~ Optical Viewfinder

OZ ~ Optical Zoom

OIS ~ Optical Image Stabilization

PNG ~ Portable Network Graphics (image format type)

PPI ~ Pixels per Inch

PQ ~ Picture Quality

P ~ Program Mode

RGB ~ Red, Green, Blue

SLR ~ Single Lens Reflex

SD ~ Secure Digital (memory card)

SDHC ~ Secure Digital High Capacity

SLR ~ Single Lens Reflex (film cameras)

SP / S ~ Shutter Priority

SS ~ Shutter Speed

TIFF / TIF ~ Tagged Image File Format (image format type)

TTL ~ Through~the~lens

USB ~ Universal Serial Bus (plug)

USM ~ Unsharp Mask, also means Ultrasonic Motor

UWA ~ Ultra Wide Angle

VR ~ Vibration Reduction. Click here for more information on VR.

WA ~ Wide Angle

WB ~ White Balance