Peg – An anglers fishing station during a shore competition.
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Peeler – Any species of crab which is about to shed its shell to grow to a larger size. An extremely popular bait in this condition.
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Pectoral fins – The anterior (front) paired fins immediately behind the gills.
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Paternoster – A rig or trace where the droppers or booms are fished above the weight.
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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.
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Parabolic-action rod – Slightly more progressive than a through action and by comparison the butt of the rod is stiffer.