Wordnet 3.0
NOUN (1)
1. 
 a machine tool with a separate, upright stand; 
 an electric drill is pressed into the work automatically or with a hand lever; 
The Collaborative International Dictionary of English v.0.48:
Drill press \Drill" press`\ .
   A machine for drilling holes in metal, the drill being
   pressed to the metal by the action of a screw.
   [1913 Webster]
WordNet (r) 3.0 (2006):
drill press
    n 1: a machine tool with a separate, upright stand; an electric
         drill is pressed into the work automatically or with a hand
         lever