A word in the Gnomish Lexicon of the 1910s meaning either “a small glass” or “a small drop” (GL/54), based on the early root ᴱ√LIPI as suggested by Christopher Tolkien (QL/86; LT1A/limpë).
Gnomish
lib
noun. drop, gout
lib-
verb. to drip
libli
noun. small glass; small drop
faith
noun. liberty
fairthos
noun. liberty
faithir
noun. liberator, Saviour
faidwen
noun. freedom
puim
noun. soap
A verb appearing as G. lib- “to drip” in the Gnomish Lexicon of the 1910s (GL/54), clearly based on the early root ᴱ√LIPI as suggested by Christopher Tolkien (QL/86; LT1A/limpë).
Neo-Sindarin: For purposes of Neo-Sindarin, I would adapt this verb as ᴺS. liv- “to drip”, based on the later root ᴹ√LIB “drip”.