This is display in the tooltip DPS for certain abilities as DPS divided with weapon speed
This option means the manually set (custom stats, like spelldamage etc) are added to your current stats.
Abbreviation of Attack Power
This is for abilities that have a chain effect, i.e. chain lightning, chain heal
This displayed in tooltips of abilities with additional effects, the avg stands for the avg damage/heal increase and the proc is the damage/heal when the ability triggers. Example: Frostbrand Avg/Proc: 100/300