CC is Crowd Control, like stunning, trapping, freezing....etc.
AoE stands for Area of Effect, a spell or ability that affects anything in the designated area on the ground.
DPS stands for Damage Per Second. It's the average of the damage you do during a fight.
DPS can also stand for the role your character plays. Example: DPS, Tank or Healer.
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HPS - Heal Per Second
DoT - Damage over Time
HoT - Heal over Time
Root - A specific form of CC that immobilizes the enemy.
Burst - comes from "burst damage" which means "how much can you do before running out of magicka/stamina/whatever" as opposed to sustained damage.