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M = Mint (An unplayed record or CD, Same applies to covers or cases, etc.)
NM = Near Mint (Record or CD is excellent. Same applies to Covers,
Cases, Inserts, etc.)
VG++ = Very Good ++ (You know the drill, Somewhere between near mint and VG+.
Record
or CD may have a light mark or two but otherwise in great condition, Cover
might have some very light imperfections.)
VG+ = Very Good Plus (Records will show some signs of wear but
play through with only minimal noise. Covers may have some ring wear but nothing
too bad.)
Abbreviations:
WL Promo (White Label Promo)
Promo (Promo stamp on cover or CD inserts)
SM = Saw Marks (Covers, Cases)
COH = Cut Out Holes (Covers, Cases)
CC = Cut Corners (Covers)
WOC = Writing on Covers, Insert.