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A chemical symbol is an abbreviation used to indicate an element or an atom of an element. For example, the symbol for mercury is Hg. The same symbol is used to indicate one atom of mercury (microscopic domain) or to label a container of many atoms of the element mercury (macroscopic domain).

Some symbols are derived from the common English name of the element; others are abbreviations of the name in another language — Latin, Greek or German. For example, the symbol for aluminum (common name) is Al, while that for Iron is Fe which stems from its Latin name “Ferrum”. Most symbols have one or two letters, but three-letter symbols have been used to describe some elements that have atomic numbers greater than 112. To avoid confusion with other notations, only the first letter of a symbol is capitalized. For example, Co is the symbol for the element cobalt, but CO is the notation for the compound carbon monoxide, which contains atoms of the elements carbon (C) and oxygen (O).

Traditionally, the discoverer (or discoverers) of a new element names the element. However, until the name is recognized by the International Union of Pure and Applied Chemistry (IUPAC), the recommended name of the new element is based on the Latin word(s) for its atomic number. For example, element 106 was called unnilhexium (Unh), element 107 was called unnilseptium (Uns), and element 108 was called unniloctium (Uno) for several years. These elements are now named after scientists (or occasionally locations); for example, element 106 is now known as seaborgium (Sg) in honor of Glenn Seaborg, a Nobel Prize winner who was active in the discovery of several heavy elements. 

Each square on the periodic table contains, at minimum, an atomic number — which is also the number of protons — and a chemical symbol. 

In the case of an isotope, the mass number or the sum of protons and neutrons is indicated along with the symbol and atomic number. The mass number defines the specific isotope of an element. For example, these are the two isotopes of nitrogen:

The symbol for a specific isotope of any element is written by placing the mass number as a superscript to the left of the element symbol. Since the atomic number defines the element’s identity, as does its symbol, it is often omitted. For example, magnesium exists as a mixture of three isotopes, each with an atomic number of 12 and with mass numbers of 24, 25, and 26, respectively. These isotopes can be identified as ²⁴Mg, ²⁵Mg, and ²⁶Mg. These isotope symbols are read as “element, mass number” and can be symbolized consistent with this reading. For instance, ²⁴Mg is read as “magnesium 24” and can be written as “magnesium-24” or “Mg-24.” ²⁵Mg is read as “magnesium 25,” and can be written as “magnesium-25” or “Mg-25.” All magnesium atoms have 12 protons in their nucleus. They differ only because a ²⁴Mg atom has 12 neutrons in its nucleus, a ²⁵Mg atom has 13 neutrons, and a ²⁶Mg has 14 neutrons.

Note that in addition to standard names and symbols, the isotopes of hydrogen are often referred to using common names and accompanying symbols. Hydrogen-2, symbolized ²H, is also called deuterium and sometimes symbolized D. Hydrogen-3, symbolized ³H, is also called tritium and sometimes symbolized T.

Text adapted from Openstax Chemistry 2e, Section 2.3: Atomic Structure and Symbolism.