"f" (lower case) is standard for "focal length". "f/stop" indicates an aperture diameter that is "focal length" divided by whatever denominator. With a focal length of 50 mm, the aperture diameter represented by f/2, given a 50mm lens, is 50mm/2, or 25mm.
Note that "f" refers to the actual focal length at the moment, not necessarily at infinity. If a lens is extended to say 75mm for close focusing, the "f/stop" value in the above example changes to 75mm/25 (aperture diameter), or f/3.