yes the "u" is an approximation of the greek letter mu .. which is the scientific abbreviation for 'micro' meaning 1x10 exp-6 (one times ten to the negative 6th power, or one millionth)
n is for 'nano' and is equal to 1 x 10exp-9 (one times ten to the negative 9th power, or one billionth)
p is for 'pico' and is equal to 1 x 10exp-12 (one times ten to the negative 12th power, or one trillionth)
.22 uF or .22mf are equivalent values for a capacitor .. you have to be a little careful because the lower case m is used for 'milli' which is one times ten to the negative 3rd power, or one thousandth .. but for a capacitor relevant to guitars, there would never be a case to use a cap in the millifarad range ... it wouldnt fit inside the guitar's cavity
hope this helps
cheers,
t4d