Top Definition
To get worse over time, become rubbish.
"The Saw films peated out like expected." -everyone with taste

"My dad's depressed; his career is going to peat out pretty quickly." -not me, someone else

"If you wanna get all 'Danni Boi's peating out', then youre gonna get a beating" -Danny Boi, 'Heart Attack'
by dbmag9 October 05, 2010

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