noun
peg
PEHG
noun
1
A small wooden or metal pin used to fasten, hang, or mark something.
"She hung her coat on a peg by the door."
"The tent was held down with metal pegs."
verb
1
To fasten with a peg, or to fix a price or value at a set level.
"The government pegged the currency to the US dollar."
"He pegged the tent to the ground before the storm hit."
2
To throw something, especially a ball, often hard.
"She pegged the ball straight at the stumps."
How to Use Peg
Learner’s notesIn plain EnglishA small pin for fastening or hanging things, or the act of fixing something (like a price) at a set point.
Common mistake
In finance, "pegged" means locked to a fixed value, not just roughly similar to it.
Common pairings
pegged to the dollar
clothes peg
peg something down
Word Forms
pegged past tense, pegs singular
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She hung her coat on a _____ by the door.
Etymology
From Middle Dutch pegge ("pin, peg"), tracing back to a Proto-Germanic word for a pointed stick or stake.