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A fancy name for a bass that Fender made, but it's just a basic model that most people can afford. It's like the bass version of a plain old burger.
My buddy says he plays a p-bass, but it's just a glorified bass.
I can't believe he paid $500 for a p-bass when it's just a basic model.
That p-bass is the only bass I've ever seen that doesn't have a fancy name.