here is a write up that i did with info i found from various sites:

1. Max Lift or Nose
2. Flank
3. Opening Clearance Ramp
4. Closing Clearance Ramp
5. Base Circle
6. Exhaust Opening Timing Figure
7. Exhaust Closing Timing Figure
8. Intake Opening Timing Figure
9. Intake Closing Timing Figure
10. Lobe Separation
BTDC means Before Top Dead Center
ABDC means After Bottom Dead Center
BBDC means Before Bottom Dead Center
ATDC means After Top Dead Center
Intake Open BTDC is the number of degrees before top dead center that the intake valve opens on the exhaust stroke.
Intake Close ABDC is the number of degrees after bottom dead center that the intake valve closes on the compression stroke.
Exhaust Open BBDC is the number of degrees before bottom dead center the exhaust valve opens on the power stroke.
Exhaust Close ATDC is the number of degrees after top dead center the exhaust valve closes on the intake stroke.
Duration is the number of degrees the intake valve stays open as measured at .050 inches of lifter lift. This is measured by the degrees that the crankshaft rotates. More degrees of duration will make the engine operate in a higher rpm range.
Exhaust Duration is the number of degrees the exhaust valve stays open as measured at .050 inches of lifter lift.
Overlap is the number of degrees that the exhaust and intake valves are open at the same time
Cam Lift is the distance in inches that the valve is pushed
Advancing/Retarding Cam Timing
Advance
Begins Intake Event Sooner
Open Intake Valve Sooner
Builds More Low-End Torque
Decrease Piston-Intake Valve Clerance
Increase Piston-Exhaust Valve Clerance
Retard
Delays Intake Event Closes Intake
Keeps Intake Valve Open Later
Builds More High-End Power
ncrease Piston-Intake Valve Clerance
Decrease Piston-Exhaust Valve Clerance
Specifics
-A camshaft lobe is an eccentric that converts rotating motion into linear (up and down) movement. To do this, a lobe, or bump, is created from a true circle known as the base circle of the cam - also known as the heel. As the lobe rotates, the lifter follows the rise of the lobe, which moves the lifter upward. The maximum amount of rise is known as lobe lift.
-The maximum lift point on the cam is called the nose, while the inclined areas leading up to and away from the nose are called the ramps.
-Stock camshafts offer relatively short duration and low lift numbers since the factory is after a crisp, smooth idle and excellent part-throttle operation.
-If we increase duration, the intake valve is now open for a longer period of time during the induction cycle. This added duration tends to affect engine power by decreasing idle vacuum and shifting the power curve to a higher rpm. This reduces low-speed throttle response and power while increasing power at the higher engine speeds. Too much duration, especially in stock-type engines, will kill power everywhere, and you will end up with an engine that is extremely lazy.
(All the above taken from Web cams and various sites to save me from spending all night typing it all up )