Reports of a poisoned lure diminish (5)
I believe the answer is:
abate
'diminish' is the definition.
(I know that abate is a more specific form of the action diminish)
I don't understand the remainder of the clue.
Can you help me to learn more?
(Other definitions for abate that I've seen before include "Lessen in intensity" , "Decline" , "(Flood) recede" , "Moderate" , "Die down, slacken off" .)