"R" is resistor/resistance, and "C" is capacitor/capacitance, that makes sense. But where comes the "L" for inductor/inductance come from?
edit: Wikipedia says it's possibly in honor of Heinrich Lenz, but I'd like to hear something more affirmative.
Best Answer
As exscape already mentioned, the symbol I was already taken for current (Ampère referred to electric current as "l'intensité du courant électrique", and used the symbol I in his equations).
According to a bio for Heinrich Lenz on the website of the National High Magnetic Field Laboratory (which is affiliated with the Los Alamos National Laboratory),