To gradually reduce or diminish in amount, intensity, or extent over time

Old English tapor (candle, wax light), from the narrowing shape of a candle

Diminish Dwindle Phase out
Increase Escalate Amplify
"The Modified UDAN extends VGF support to five years per route, with 80-90% funding that tapers gradually to build commercial viability."

Use in economy answers when discussing subsidy withdrawal, fiscal consolidation, or monetary policy normalisation, e.g., 'tapering of quantitative easing by the US Federal Reserve.'

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