Dipsey /(?)/

Dip·sey

Dipsey

a.
  1. Deep-sea; as, a dipsey line; a dipsy lead. [Sailor's Cant]

Dipsey

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.]
  2. A deep-sea lead. (Naut.) [Rare]