This word signifies the ability and recurrent action a woman takes of blowing a guy. It can also be denoted as somebody dumb/retarded.
She is a first class peter(peh-tehr)
She is a first class candlemaker.
Zoe es tan petera que ni puedo creerlo.
Zoe is such a peter(peh-tehr), I cannot bear it.
Zoe is such a candlemaker, I cannot bear it.