Parabolic-action rod – Slightly more progressive than a through action and by comparison the butt of the rod is stiffer.
Paravane – A trolling depth controller made from wood or more commonly plastic which breaks out and rises to the surface when there is a strike.
Paternoster – A rig or trace where the droppers or booms are fished above the weight.
Pectoral fins – The anterior (front) paired fins immediately behind the gills.
Pegged – A match where the anglers have to fish at a drawn peg for the duration. The opposite of a rover.
Pendulum Cast – A casting style designed for distance where the terminal gear is swung in a pendulum motion in the air to pre-load the rod prior to the ultimate casting action. It is widely used by tournament casters.