·add. ·noun A deep-sea lead.
II. Dipsy ·add. ·adj Deep-sea; as, a dipsey line; a dipsy lead.
III. Dipsy ·add. ·noun A sinker attached to a fishing line; also, a line having several branches, each with such a sinker, used in deep-sea fishing.
A term applied in some parts of Pennsylvania to the float of a fishing-line. ...
Dictionary of American Words And Phrases by John Russell Bartlett.
The float of a fishing-line. ...
The Sailor's Word-Book