Below are several railroad signal and dispatching terms that broadly cover railroad signaling types and equipment. Also, if you have any questions about the meanings of any of these definitions or simply have more to add that are not covered here please do not hesitate to get in touch with me.
Railroad Signal and Dispatching Terms (A)
ABS: Short for Automatic Block Signal System. A signal system that uses automatic block signals, cab signals, or both to govern a block of rail line.
Approach-lit signal: A signal that only lights when a train is forthcoming which saves on electricity costs and light bulbs.
Automatic block signals: This systems allows for automatic control of signals using electric track circuits. By dividing a track into separate sections (called "blocks") which are insulated from each other electrically, and making the blocks part of electric circuits which include line-side signals, a system of automatic train protection is gained. When a train is in a block, it completes the circuit, which then automatically sets the signal behind it (and ahead of it, if the line is signaled for movement in both directions) to red.
Railroad Signal and Dispatching Terms (B)
Block signal: A line-side signal placed at the beginning of a block that governs the use of that block.
Railroad Signal and Dispatching Terms (C)
Centralized Traffic Control (CTC): A traffic control system whereby train movements are directed through remote control of switches and signals from a central control panel, enabling trains to pass each other at sidings or interlockings without the need for their crews to stop and throw switches. The trains operate on the authority of signal indications instead of the authority of a timetable or train orders.
Controlled point: A location where switches and/or signals are remotely controlled by a dispatcher.
Railroad Signal and Dispatching Terms (D-R)
DTC territory: Short for Direct Traffic Control, it is a segment of line that that is under the control of the dispatcher who authorizes trains to proceed in one or more blocks.
Dwarf signal: A short, ground-level signal that is usually placed trackside.
Home signal: A line-side signal which controls the entrance into an interlocking.
Manual block: A train-control system that is the opposite of automatic block signaling, it is controlled by signals that are either controlled via persons (by whatever means that may be; phone, radio, etc.) or by block-limit signals, or both (again, all controlled and verified by humans, not computers or track circuits).
Railroad Signal and Dispatching Terms (S-Z)
Searchlight signals: Signals which have only one lamp but can display multiple colors.
Signal indication: The information displayed by a signal (i.e., the particular color[s] showing), which the train crew must read, recognize, and decipher so as to act accordingly.
Track Warrant Control (TWC): A method of traffic control whereby the trains are only capable of operating between to certain points. Known as a track warrant, this form governs and allows a train to operate between these certain points.
Also, if you are interested in knowing the meaning of a term that is not listed above please do not hesitate to contact me and if I do now know the answer myself I will hunt around or ask until I do! One way or another you will eventually get an answer.