There are basically two objects which you have to understand
P(.)
(notation without tilde) refer to the actual, true, unknown distribution of data/labels/features/other things. We assume that such objects exists and we are trying to somehow estimate it~P(.)
(notation with tilde) usually refers to some kind estimation ofP(.)
(or at least an object which is proportional to P(.)). In most cases it is some simple empirical estimator, like fraction of things passing the predicate to all "things". However, it can get arbitrary complex (like Kneser-Nay estimation of language model with markov property)
So the translation would be:
P(.)
-> probablity of ...~P(.)
-> estimation of the probablity of ...