As you know, as quilters we're pretty good at coming up with short set of letters to explain quilting terms - I mean, we've all got UFO's, right? And we happily use FQ's in our quilts or bags too.
Try googling quilt acronyms, and you'll find some like these:
(Not so familiar, but very clever)
HSY Haven't Started Yet
PHD Project Half Done (yes - we all have PHD's behind our names!!!)
WIM Work In Mind
WIVSP Work in Very Slow Progress
TOAD Trashed Object Abandoned in Disgust
PIG Project In Grocery bag
USO Unstarted Object
STASH Special Treasures All Secretly Hidden (!!!)
SABLE Stash Accumulation Beyond Life Expectancy
And my favourites...
FART Fabric Acquisition Road Trip ( so can we call previous trips Old farts???)
WOMBAT Waste Of Money Batting And Time