I am new to this job search thing, and I keep seeing the teaching load description along with something called "preps," what is this?
For reference, I am a Ph.D. student in mathematics in the U.S. looking for mostly teaching positions.
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A "prep" is an individual different course you are teaching. If you are teaching 2 different sections of the same course the same semester, that counts as only 1 "prep" but counts twice towards your "teaching load".
Given not-too-large class sizes, teaching 4 courses with only 2 preps might be less work than teaching 3 courses with 3 preps, since presumably you don't have to prepare twice to teach the same class twice.