Memory-level parallelism
Memory Level Parallelism or MLP is a term in computer architecture referring to the ability to have pending multiple memory operations, in particular cache misses, at the same time.
MLP may be considered a form of ILP, instruction level parallelism. However, ILP is often mixed up with superscalar, the ability to execute more than one instruction at the same time. E.g. a processor such as the Intel Pentium Pro is 5-way superscalar, with the ability to start executing 5 different microinstructions in a given cycle, but it can handle 4 different cache misses for up to 20 different load microinstructions at any time.
It is possible to have a machine that is not superscalar but which nevertheless has high MLP.
References
"Microarchitecture optimizations for exploiting memory-level parallelism", Yuan Chou, B. Fahs, and S. Abraham, Computer Architecture, 2004. Proceedings. 31st Annual International Symposium on 2004.
"Coming challenges in microarchitecture and architecture" Ronen, R.; Mendelson, A.; Lai, K.; Shih-Lien Lu; Pollack, F.; Shen, J.P. Proceedings of the IEEE Volume: 89 Issue: 3 Mar 2001
Many papers cite what appears to be the earliest public use of the term "MLP": A. Glew, “MLP yes! ILP no,” a talk given at the ASPLOS Wild and Crazy Ideas session, San Jose, CA, Oct. 1998.