1  definition  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Peter  \Pet"er\,  v.  i.  [imp.  &  p.  p.  {Petered};  p.  pr  &  vb  n. 
  {Petering}.]  [Etymol.  uncertain.] 
  To  become  exhausted;  to  run  out  to  fail  --  used  generally 
  with  out  as  that  mine  has  petered  out  [Slang,  U.S.] 

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