Don't worry, we were all "morons" once. 
Does anyone know of an online glossary of these term that DOESN'T get unduly technical? If not, maybe I'll put one together on my site.
I'll throw out a couple of the more common ones.
Hypo: USUALLY short for "hypomelanistic", meaning having reduced melanin (black/brown pigment).
Amelanistic: Completely lacking melanin, often called "albino".
Het: Short for "heterozygous", meaning it carries two versions of the same gene, usually one recessive, one dominant. In most cases you can't see any effect of the recessive gene.
Anery: Short for "anerythristic", lacking red pigment.
Leucistic: Lacking all pigments, sometimes called "snow".
Lots more I can't think of offhand, but I need to get to work...