I would imagine they mean stagnation pressure, ie, the pressure that builds up directly in front of an object as it's pushed through a medium, there's a moment when the medium (water) is stationary in that zone, or it 'stagnates' there.
this is the principle used for pitot speedos used in aircraft and boats.
I happen to know that at 70mph, the stagnation pressure of water is 70 psi, but of course the lines are crossing over on a chart, so they don't rise equaly together (speed and pressure)
Jeff, there's quite an intersting graph showing all this on that Bill Maloney paper I sent you.