Merriam-Webster Collegiate Dictionary - peter

 I. 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 ~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 PETER  noun  Etymology: Late Latin Petrus, from Greek Petros, from petra rock  1. a fisherman of Galilee and one of the twelve apostles  2. either of two hortatory letters written to early Christians and included as books of the New Testament — see bible table