Etymology
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squeak (v.)

late 14c., probably of imitative origin, similar to Middle Swedish skväka "to squeak, croak." Related: Squeaked; squeaking.

squeak (n.)

1660s, from squeak (v.); sense of "narrow escape" is by 1811.

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Definitions of squeak
1
squeak (n.)
a short high-pitched noise;
the squeak of shoes on powdery snow
squeak (n.)
something achieved (or escaped) by a narrow margin;
Synonyms: close call / close shave / squeaker / narrow escape
2
squeak (v.)
make a high-pitched, screeching noise;
Synonyms: whine / screech / creak / screak / skreak
From wordnet.princeton.edu