Definition of "petering" [petering]

• Present participle of peter. (verb)

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• "Still, that severe weather threat, along with tornadoes, expected ahead of this system, and it is going to become extra-tropical later on today, and eventually just kind of petering out."
• "The nearly decade-year-long rise of gold prices may be petering out, however."
• "What is needed, and very urgently, is a way to salvage the meaning of life, because materialism is fast petering out."