20NL - No Limit Hold Em with blinds of $0.10/$0.20 and a $20 maximum buy-in. The 20 can be "x" where "x" = 100 big blinds, the standard maxmimum buy-in.
C-bet - Short for continuation bet. The aggressor on the previous street bets regardless of whether that street hit or not.
Cutoff - The seat in front of the button, i.e., the last player to act before the button does.
EV - Expected Value: Expected Value is how much you expect to win on a hand in the long run.
Folding Equity - The value that comes from the possibility that other players will fold when you make a bet.
Implied Odds - The same as pot odds except it takes into account making bets in the future.
Pot Equity - Pot equity is your expected value from the pot.
Pot Odds - The odds you are getting when you are drawing, without considering future bets.
Rounder / Grinder - Players who make their living or a significant amount of their income from playing poker.
TPTK - Short for top pair top kicker.
UTG - Under the Gun. The position to the left of the big blind which acts first before board cards are dealt.
If there is anything else I have written that you don't understand, go to: Poker Tips Glossary