American Dictionary

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Definition taper in American English

taper verb

verb
/ˈteɪpər/
1

to gradually become narrower toward one end, or to make something narrower toward one end

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2

to gradually become less

Example

Spending has tapered off from $844 million to $557 million.

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3

to gradually reduce the amount of new money that a central bank provides in order to aid economic recovery

Example

At the end of a closely watched meeting, the Fed's policy-setting body chose not to taper.

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Definition taper in American English