Here's some examples:
I've compiled a list based on the replies below. If I made a mistake, please let me know. Credits to the people who posted in this topic.
PyTom wrote:...we tend to use English-language meanings here, even when those meanings diverge from the Japanese.
VN = Visual Novel
KN = Kinetic Novel
OELVN = Original English Language Visual Novel
EVN = English Visual Novel
ADV = Adventure (line-by-line text)
NVL = Novel (screen of text)
WiP = Work in Progress
DA = Deviant Art
Nanoreno = THIS
IntRenAiMo = International Ren'Ai Month
LSF = Lemma Soft Forums (You're looking at it right now)
BxB = Boy pursues Boy
BxG = Boy pursues Girl
GxG = Girl pursues Girl
GxB = Girl pursues Boy
Yaoi = Dominant guy and passive guy, with sexual content
Shounen-ai = Similar to Yaoi, but more G-rated
Bishounen = Games featuring beautiful boys targeted at girls
Otome = Games aimed at girls
Shoujo = Games aimed at younger girls
Bishoujo = Games featuring beautiful young girls, mainly targeted at a male audience. The opposite of an Otome, Bishoujo games are usually called Galges (ガルゲ)
Ecchi = A work that's sexy/erotic without rising to the level of being pornographic
Hentai = A work of anime or manga (or any similar medium) that contains sexual or pornographic art
Yuri = Love between females with explicit scenes
Shoujo-Ai = Soft version of Yuri.
Galge = [Gal-game/(ガルゲ)], which are games featuring female [girl/gal] that are directed to male audiences.
Otoge = [Otome-game] which are games featuring male [otoko] that are directed to female audiences.
Shotacon = Games that sexualize underage boys.
Lolicon = Games that sexualize underage girls.
If you find either of those previous two appealing, please seek psychiatric help. I'm not joking.