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To pass by or elapse (of time).
Die Frist ist verstreichen.
The deadline has passed.
Often used with time-related nouns like 'Zeit' (time) or 'Frist' (deadline).
To spread or smear (a substance).
Er verstreicht die Butter auf dem Brot.
He spreads the butter on the bread.
Less common meaning, often used with creams, ointments, or similar substances.
Remember that 'verstreichen' is a separable verb, so in certain tenses, the prefix 'ver-' can be placed at the end of the sentence.
From Middle High German 'verstrīchen', from 'ver-' (prefix indicating completion) + 'strīchen' (to smear or spread).
The verb is separable, meaning the prefix 'ver-' can be separated in certain grammatical contexts.