What is Precision Bass?
1.
The world's frist electric bass guitar. Manufactured by Fender, starting in 1951 (not '58, as the previous definition said). Often imitated by cheap Asian brands that wouldn't know a thing about making a guitar. Slang term is P-Bass. Has a brother, the Jazz Bass, introduced in 1962(?)
Dee Dee Ramone often played a white early '60s model Fender P-Bass.
2.
A bass model crafted by Fender, and endlessly imitated. Slang term is the "P-bass". The first electric bass guitar manufactured in 1958, this has evolved into one of the most popular models ever. A versatile instrument, and extremely well rounded, but known for being able to produce a nice, fatter, lower tone. Sometimes said to be a "punk" instruument, but that's normally coming from the mouths of Ibanez-loving metalheads.
Wow! That Precision bass is sick!