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Some ASP.Net acronyms are...
CIL - Common Intermediate Language
The language all .NET languages compile to. Equivalent to Java bytecode.

CLI - Common Language Infrastructure
The combination of the CLR, CLS, CTS and CIL

CLR - Common Language Runtime
The runtime environment itself, including garbage collection, threading etc.

CLS - Common Language Specification
A set of conventions intended to promote language interoperability.

CTS - Common Type System
The language-neutral type system used in the CLI.

IL - Intermediate Language
More commonly used abbreviation for CIL.

VES - Virtual Execution System
Another name for the CLR as far as I can tell.

Explain the System namespace in .Net Framework Class Library
How is ASP.Net configuration data formatted?
Which one is the process dependent session in ASP.Net?
How do you exclude an ASP.Net page from using Themes?
What is Web.Config File?
Can the action attribute of a server side <form> tag be set to a value and if not how can you possibly pass data to another page?
Can I use different programming languages in the same web application?
What is the XML Schemas?
What is garbage collection?
How to retrieve value of a field in a dataset?