TLDR
It doesn't seem like there is a concrete correlating abreviation symantically or in the docs; other than it really is just lamens "location" vs "integer location". Human Readable Labels vs Computer Logical Indexing. It happens for everyone, especially with new or complicated languages or ideoligies; where you know what something does and how to use it, but it's unsettling when you try to rationalize it's meaning or sort of explain or talk yourself through it.
Seems that's a Pythonista's nightmare and dream all in one.
To properly answer your question, as you are asking "Does loc and iloc stand for anything?" and not What is the difference between loc and iloc?.
I've done some research, and found from this github issue
which lead me to this summary. And from these docs, I believe this sums up with these statements
Different Choices for Indexing
Object selection has had a number of user-requested additions in order
to support more explicit location based indexing.
.loc: is primarily label based
.iloc: is primarily integer position based
And on the chance we want to include ix
.ix supports mixed integer and label based access. It is primarily label based, but will fall back to integer positional access continue
Selection By Label
pandas provides a suite of methods in order to have purely label based indexing... - continued
- The
.loc attribute is the primary access method. ↑
Selection By Position
pandas provides a suite of methods in order to get purely integer based indexing...
- The
.iloc attribute is the primary access method. ↑
This does also apply to .at and .iat as well.
Similarly to loc, at provides label based scalar lookups, while, iat provides integer based lookups analogously to iloc
By the way I retracted my close vote and gave you an upvote as that did take some guts to ask for more clarification on an already over asked topic but I do know I as well had issues with that when I was learning too. Hope this helps