I. ˈpē-tər intransitive verb
Etymology: origin unknown
Date: 1846
1. : to diminish gradually and come to an end : give out — usually used with out
novelists whose creative impetus seems largely to have peter ed out — Times Literary Supplement
2. : to become exhausted — usually used with out
II. noun
Etymology: from the name Peter
Date: circa 1902
often vulgar : penis