The term "tapered" refers to a gradual decrease in width or thickness. It is commonly used to describe objects that narrow down towards one end, such as a tapered candle or tapered pants. This design can enhance aesthetics and functionality, allowing for a more streamlined appearance. In various fields, "tapered" can also describe processes or trends. For example, in finance, a tapered monetary policy indicates a gradual reduction in the pace of asset purchases by a central bank. This approach aims to stabilize the economy while minimizing sudden shocks to the market.