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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