You should use a tabular
environment. This code:
\documentclass{article}
\begin{document}
\begin{tabular}{ll}
$ID_V$ & = identifier of $V$\\
$P_C$ & = password of user on $C$\\
$AD_C$ & = network address of $C$\\
$K_V$ & = secret encryption key shared by $AS$ and $V$
\end{tabular}
\end{document}
produces:

Then you can indent or align the tabular as you prefer.
Only a hint about the second part of your question. Keep in mind which environments, like tabular
, have text as default content (hence math must be included in $...$
) and which ones, like array
, align
, equation
, etc., have math as default (so that text must be included in a box or in \text{...}
).