This web page does an OK job defining terms -
https://www.electronicsforu.com/mar...-nominal-voltage-voc-vmp-isc-imp-solar-panels
Vmp = Voltage at maximum power - this is more representative of when the panels are producing power.
Imp - Current at maximum power - this is more representative of when the panels are producing power.
The VoC is used so you don't exceed the maximum voltage the Charge Controller can handle - this can go up in very cold weather when there's no active power (yet) - so you want to keep it in mind when designing a system.
Wire for PV power transmission .... I wouldn't overthink it unless you are doing over 200ft lenghts. For 'regular lengths' such as you would find in home wiring from the main panel - e.g. up to 150ft... regular amps / awg are fine in my experience. You'll notice that no one does 'special wiring' for a regular home worrying about 2% loss
The rundown is:
14awg = 15a max
12awg = 20a max
10awg = 30a max * Panels have 10awg pigtails (30amps) but typically you don't want to go right up to 30amps ... say 25a max.
8 awg = 40a max
6 awg = 50a max
4 awg = 80a max
etc... standard wire sizes per amps will do you OK.
However, if you want to try for just a bit more efficiency, there's nothing wrong with that / just expensive - maybe double the standard wire size?
Note: The #1 (by far) loss of efficiency in my system is the DC -> AC inverters. The wiring (up to 150ft) is so small I can't even detect it - but the inverters average 15% loss and if I don't keep power % up higher on them, they can go up to 20% loss. To illustrate - I product 18,000kwh/year but loose 3000kwh/year to inverter losses. If you want to spend money - do it on an efficient inverters is my best advice