2 definitions found From The Collaborative International Dictionary of English v.0.48 [gcide]: Dipsey \Dip"sey\, Dipsie \Dip"sie\, Dipsy \Dip"sy\, a. Deep-sea; as, a dipsey line; a dipsy lead. [Sailor's Cant] [Webster 1913 Suppl.] Dipsie Dipsey From The Collaborative International Dictionary of English v.0.48 [gcide]: Dipsey \Dip"sey\, Dipsie \Dip"sie\, Dipsy \Dip"sy\, n. 1. A sinker attached to a fishing line; also, a line having several branches, each with such a sinker, used in deep-sea fishing. [Local, U. S.] [Webster 1913 Suppl.] 2. (Naut.) A deep-sea lead. [Rare] [Webster 1913 Suppl.]
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