As explained in various sources (such as that answer), a planet in an s-type orbit orbits one of the stars of a binary star system, whereas a planet in a p-type orbit orbits both stars. A synonym for a p-type orbit (at least in binary star systems, not sure about N-ary systems in general) is "circumbinary", which is a self-explanatory term.
However, what do "s-type" and "p-type" mean, respectively?
Are "S" and "P" acronyms of anything?