{ Dip″sey, Dip″sie, 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.
2. (Naut.) A deep-sea lead.
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Webster's Dictionary 1913
Webster's Revised Unabridged Dictionary, C. & G. Merriam Co., 1913.