Well unless you are not working on a kernel / libc / compiler component, I'm sure that the closest thing to encountering 'RSS Memory' (meaning Residential Set Size which is the memory of a processes that resides in physical RAM but not in swap memory), would be to open up 'top' or 'htop' in the terminal to see that figure.
But no, this isn't an everyday term by average users, but I would expect at least software engineers to be familiar with the term.