Dripping \Drip"ping\, n.

1. A falling in drops, or the sound so made.

2. That which falls in drops, as fat from meat in roasting.

Dripping pan, a pan for receiving the fat which drips from meat in roasting.

Source: Webster's Revised Unabridged Dictionary (1913)
 

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.

2. To let fall drops of moisture or liquid; as, a wet garment drips.

The dark round of the dripping wheel. --Tennyson.

Source: Webster's Revised Unabridged Dictionary (1913)