The Collaborative International Dictionary of English v.0.48:

Drip \Drip\, v. i. [imp. & p. p. Drippedor Dript; p. pr. &
   vb. n. Dripping.] [Akin to LG. drippen, Dan. dryppe, from a
   noun. See Drop.]
   1. To fall in drops; as, water drips from the eaves.
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   2. To let fall drops of moisture or liquid; as, a wet garment
      drips.
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            The dark round of the dripping wheel. --Tennyson.
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