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What does peter out mean?

Looking for the meaning or definition of the word peter out? Here's what it means.

Verb
  1. (idiomatic) To dwindle; to trail off; to diminish to nothing.
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Examples
But when it begins to peter out, the speculative nature of the undertaking is revealed.
I suspicioned he'd peter out when Pap Spooner died, but he fooled us the worst kind.
Its production must be carefully controlled, as it has a tendency to peter out, particularly in highly fertile soils in warm climates.
The Commission's central forecast assumes that the financial distress will peter out gradually.
Some films peter out purely on lack of effort in developing the main storyline.
Prices take no account of the structural changes that happen when resources peter out.

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