Meaning of the word peter in English

What does peter mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

peter

US /ˈpiː.t̬ɚ/
UK /ˈpiː.t̬ɚ/

Verb

1.

decrease or fade gradually before coming to an end.

Example:
the storm had petered out
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