Alright, let's try this working example:
\documentclass{article}
\usepackage[acronyms,nonumberlist,nogroupskip,nopostdot,toc]{glossaries}
\usepackage{glossary-mcols}
\renewcommand{\glsmcols}{2}
\renewcommand{\glossarypreamble}{\glsfindwidesttoplevelname[\currentglossary]}
\setglossary{mcolalttree}
\renewcommand*{\glossaryname}{Nomenclature}
\renewcommand*{\acronymname}{Abbreviations}
\makeglossaries
\begin{document}
\printglossaries
\newglossaryentry{pt}{name=$\sfrac{P_{T2}}{P_{T0}}$, description={Ratio of total pressure at AIP to freestream total pressure}}
\newglossaryentry{y+}{name=$y^{+}$, description={Dimensionless distance from wall boundaries}}
\newglossaryentry{d}{name=$D$, description={AIP diameter}}
\newglossaryentry{m2}{name=$M_2$, description={Mach number at AIP}}%
\newglossaryentry{pt2avg}{name=$P_{T2_{avg}}$, description={Average of 40 AIP Kulite\textsuperscript{\textregistered} total pressures}}%
\newglossaryentry{p2avg}{name=$P_{2_{avg}}$, description={Average of 8 AIP static tap pressures}}
\newglossaryentry{ds}{name=$\Delta s$, description={Distance measured between neighboring grid points}}
\newglossaryentry{dpcp}{name=DPCP, description={Circumferential distortion intensity}}
\newglossaryentry{dprp}{name=DPRP, description={Radial distortion intensity}}
\newglossaryentry{pav}{name=PAV, description={Average ring pressure}}
\newglossaryentry{pavlow}{name=PAVLOW, description={Average low pressure}} \gls{pavlow}
\newacronym{aip}{AIP}{Aerodynamic Interface Plane}\gls{aip}
\newacronym{amr}{AMR}{Adaptive Mesh Refinement}
\newacronym{gcr}{GCR}{Generalized Conjugate Residual}
\glsaddall
\end{document}
Now I would like to adjust the margins on either side of the glossary so that both left and right margins are larger by about 3em.

\documentclass{...}and ending with\end{document}. – samcarter_is_at_topanswers.xyz Jun 16 '17 at 13:48glossary-cols? It's not on ctan https://www.ctan.org/search/?phrase=glossary-cols – samcarter_is_at_topanswers.xyz Jun 16 '17 at 16:46