Some jargon of the complexity classes

In the context of formal verification:

PTIME: problems can be solved with time complexity polynomials to the
input sizes in bit counts;

PSPACE: problems may incur memory consumption polynomials to the
input sizes in bit counts;

NP: problems mean that we can guess a solution in time complexity polynomials to the input sizes;

NP-complete: problems are the hardest ones in NP and are in general considered untamable problems in computer sciences;

EXPTIME: problems consume CPU times exponential to the sizes of inputs in bit counts;

EXPSPACE: is the set of problems that at most consume memory capacity exponential to the input sizes in bit counts;

EXPSPACE-complete: problems are harder than EXPTIME problems;

Nonelementary complexities are like 2^2^[stack] with the heights of the exponent stacks at least proportional to the input sizes in bit counts;

Undecidable problems do not guarantee termination. In general, it is not possible to design algorithms (procedures that guarantee termination) for undecidable problems.

Copy and Paste from: Formal Verification of Timed Systems: A Survey and Perspective; Farn Wang.