Glossary of Terms

Glossary of Terms

At I Love Savings we like to make things as easy for people as we can.  The following is a glossary of terms and abbreviations you might come across when following any of the money saving websites, groups, and forums or on coupons and offers.  Some other useful guides you might like are  Coupons, How to Price Match and the Must Have Apps.

FPC Free Product Coupon – A coupon for a free product which in most cases also includes the taxes. Read each coupon to see if tax is included.
MIR Mail In Rebate – there are many mail in rebates available for various products. Read each one and follow the terms outlined in the offer.
Overage Overage is when a coupon or a coupon and rebate on a cash back app exceeds the value of the product purchased therefore getting paid to try it.
1 Coupon Per Purchase You can use one coupon for each item purchased. For example, if you are purchasing 3 bottles of shampoo, you can use 3 coupons. You cannot use 3 coupons on 1 bottle of shampoo.
1 Coupon Per Transaction You can only use 1 coupon per transaction. If you want to use more than one, simply do multiple transactions.
1 Coupon Per Person/Family You can only use 1 coupon per store visit. If you wish to use more than one coupon, you can always go back to the store another day.
BOGO or B1G1 Buy One Get One Free
B2G1 Buy 2 Get 1 Free
B2S5 Buy 2 Save $5
CSM Customer Service Manager
FS Free Shipping
GC Gift Card
Hang Tag A coupon hanging on a product
WUB ($1wub5, $2wub2 etc)
When you buy – it could be any denominations ie: $1wub5, $3wub2 – it simply means you need to buy that many products in order to save that $$$ amount
WUS ($1wus$5, $10wus$40 etc)
When you spend – it could be any denomination again – ie $1wus$5, $10wus$40 – means you must spend this amount in order to save that amount.  (note you may be able to still reduce your out of pocket costs using coupons – read all restrictions first)
MSRP Manufacturer’s Suggested Retail Price
CO51 or CH51 Checkout51 cash back app
SS or SBG Snap By Groupon cash back app (it used to be called Snap Saves)
CS Cartsmart cash back app or Customer Service (depending on context)
Save Save is a cash back app as well as a coupon website
Zweet Zweet is a cash back app
SCOP Scanning Code of Practice. If the scanned price of an item is higher than the shelf price or any other displayed price, the customer is entitled to receive the first item free, up to a $10 maximum (if over $10, the item is discounted $10 off the item). This is how you can get FREE stuff just by paying attention to your receipts and the cash register
SS Smartsource – a printable coupon website
Tear pad A pad of coupons, usually on the shelf or display, where you tear the coupon off of the pad.
Peelie A coupon that is attached directly to the product to be “peeled off“.
HV High Value
OOP Out of Pocket
Bump Brings an older post back to the top
Ban Remove a member from a group
PM/PV Private message or Price Match depending on what you are reading
YMMV Your mileage may vary


Universal Product Code (barcode on a product)

No Longer Available

BB Best Buy
B&BW Bath and Body Works
CZ Coupon zone – coupon boards found in RCSS, Independent, Some No Frills
CT Canadian Tire
LD London Drugs
RCSS Real Canadian Superstore
SOF Save on Foods
SDM Shoppers Drug Mary
NF No Frills
WM Walmart
GT Giant Tiger
HH Home Hardware
FB Food Basics
HD Home Depot
TSC Tractor Supply Company
RP Red Plum – a coupon insert that comes out in papers periodically
SS Smartsource – distributed scheduled coupon insert found in papers
P & G Proctor & Gamble insert found in papers periodically
Unilever Coupon insert from Unilever periodically found in papers