If you are going to be able to keep up with Saving Money With Coupons, you are going to need to learn the lingo!
The inserts: there are 3 different kinds of inserts to be found in your Sunday paper
SS: The SmartSource insert. Among other things, this is where you find the General Mills coupons, which have been the best deals lately
RP: the RedPlum Insert. It also used to be called the Valassis insert, but that practice seems to have fallen by the wayside. Not all major newspapers still carry the RP insert.
P&G: the Proctor & Gamble insert. This comes out once a month (typically the 1st Sunday of each month, but P&G follows their own schedule) and is the only place where you can get coupons for Tide, Pantene, Pampers and many other products.
Couponer: I don't care how many times my spell-check flags this word, it has now become the descriptive for those of us who use coupons as if our survival depends on it!
IPs: shorthand for "Internet Printable". IPs are the coupons that you can find online. Printing IPs require the installation of a "Coupon Printer" on your computer. Please don't fear installing this program. The tracking cookie that it contains is in order to limit your printing of each coupon to 2 times per computer (which means if you have several computers in your house......).
WYB: shorthand for "When You Buy"
OYNO: shorthand for "On Your Next Order"
Catalina: These generally cause the most excitement among couponers. When you see a sale worded something like "Save $10 on your next order when you buy $20 in participating products", it means that you receive a coupon for $10 at checkout. The coupon is printed not from the register, but from that little white machine sitting next to the register. That machine is made by the Catalina company and the coupons themselves have come to be called a "Catalina". These coupons can generally be used for anything else in the store, including those items for which there are rarely coupons, like meat and produce.
Rolling the Catalina: the ability to do this is why couponers get so excited about Catalinas. It simply means that you split your transactions in order to minimize your out-of-pocket costs. Let's say that you are looking at a deal listed as "Save $10 OYNO WYB $20 and you have enough coupons to to that deal several times. There are two reasons that you want to split your transactions in to 3 $20 transactions. The first reason is that, in most cases, if you buy $60 in one transaction you will still only get a $10 Catalina (it depends on the deal, not the store). But if you split your transaction, you can minimize your out-of pocket costs by using the Catalina generated in one transaction to pay for the next. Check out this post to see how I rolled Catalinas to get $174 worth of groceries for only $12 out-of-pocket (or you could say they paid me $3 to take the groceries, since I still walked out of the store with a $15 Catalina)
OOP: shorthand for "out of pocket". This is the cash that you physically pull out of your wallet.
ECBs: shorthand for "Extra Care Bucks" and is specific to CVS. CVS's Extra Care Buck program is a great way to get most of your toothpaste, toothbrushes, shampoo and many cosmetics for free.
The CVS Scanner: It looks like any other free-standing price-checker that you see at Target, etc. If you scan your CVS card at the scanner, very often it will print out extra CVS coupons for name-brand products. If you have a manufacturers coupon for that item as well, you can use both of them at the same time to further reduce your costs!
RRs: Walgreens "Register Rewards" which are basically Walgreens-specific Catalinas (see above).
BOGO, B1G1, B1G2F: different ways to say "Buy One Get One Free" or "Buy 1 Get 2 Free"
MIR: shorthand for "Mail In Rebate"
PSA: shorthand for "Prices Start At"
Blinkie: sometimes you will find a little machine hanging on the shelf in the supermarket aisles that dispenses coupons. These are called Blinkies because the machine usually has a little red blinking light on it
Peelies: these are coupons that you can often find stuck to the product itself.
Hangtag/Winetag: these are usually found on bottles (salad dressing, beverages, oils, etc)
Tearpad: can be found anywhere. they are simply pads of coupons found near the product display
Land of No Doubles: those horrible places in the country where grocery stores do not double coupons. The 3rd circle of Hell
Did I miss any? Just let me know in the comments and I will answer your question and update the post!
Looking for more Extreme Couponing tips? Make sure that you check out all the posts in my Coupon 101 and Coupon Ethics sections!