What is Peter Out?
1.
The act of dropping out of a plan or leaving a party.
James: "Sorry guys, I have to head home."
Bob: "Don't peter out on us James!"
James: "Sorry man."
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2.
1) To lose intensity or dwindle in strength.
2) An exposed penis (
Matt: "I bet I can streak through downtown with my peter out for two hours without getting arrested."
Frank: "I doubt it. After running for a half hour or so, you'll probably peter out and then the cops will catch you."
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1.
A party in which all attendees are required not to wear pants or anything below the waste. On occassions when underwear is not allowed,..