peg Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “peg” in the English Dictionary

"peg" in British English

See all translations

pegnoun

uk   /peɡ/  us   /peɡ/
  • peg noun (HOOK)

[C] a ​smallstick or hook that ​sticks out from a ​surface and from which ​objects, ​especiallyclothes, can ​hang: He took off his ​coat/​hat and ​hung it on the peg.
[S] a ​reason for ​discussing something ​further : They ​decided to use the ​anniversary as the peg for/a peg on which to ​hang a TV ​documentary.

expend iconexpend iconMore examples

  • peg noun (FASTENING DEVICE)

[C] a ​device used to ​fasten something into a ​particularplace: Hammer the (tent) pegs ​firmly into the ​ground.
See also

pegverb

uk   /peɡ/  us   /peɡ/ (-gg-)
  • peg verb (FASTEN)

[T usually + adv/prep] to ​fasten something in ​place with pegs: Make ​sure the ​tarpaulin is ​securely pegged down.UK I'll peg out the ​clothes before I go to ​work.
[T] to make a ​price, currency, etc. ​stay at a ​particularlevel: The ​agreementworks because ​membernations haven't ​tried to peg ​prices.
Phrasal verbs
(Definition of peg from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"peg" in American English

See all translations

pegnoun [C]

 us   /peɡ/
  • peg noun [C] (HANGING DEVICE)

a ​small, ​shapedpiece of ​wood or other ​material on which ​objects can be ​hung: She ​hung her ​apron on the peg.
  • peg noun [C] (ATTACHING TOOL)

a ​device used to ​attach something or ​hold it in ​place

pegverb [T]

 us   /peɡ/ (-gg-)
  • peg verb [T] (FIX AMOUNT)

to ​fix the ​amount or ​value of something in ​relation to something ​else: There’s ​talk of ​trying to peg the ​value of the peso to the ​dollar.
  • peg verb [T] (DISCOVER)

infml to ​recognize or ​discover what something is; ​identify: They had you pegged as a ​sucker the ​minute you ​walked in.
Phrasal verbs
(Definition of peg from the Cambridge Academic Content Dictionary © Cambridge University Press)

"peg" in Business English

See all translations

pegnoun [C]

uk   us   /peɡ/
ECONOMICS, FINANCE an ​officialarrangement for a ​price, ​currency, etc. to ​stay at a particular ​level or within a particular ​range: peg against sth The ​governmentremoved the ​currency from its peg against the ​dollar.

pegverb [T]

uk   us   /peɡ/ (-gg-)
ECONOMICS, FINANCE to ​officiallycontrolprices, ​incomelevels, ​currencies, etc. by ​keeping them at a particular ​level or within a particular ​range: peg sth at sth Interest on the ​loan is pegged at 1.75% above ​baserate.peg sth to sth Many of the world's ​currencies are pegged to the US ​dollar.
Compare
US to guess the ​cost, ​amount, or ​level of something: Future ​costs stemming from those ​lawsuits have been pegged as high as $8 ​billion.
(Definition of peg from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of peg?
Add Cambridge dictionaries to your browser to your website

“peg” in Business English

Just who is driving this thing?
Just who is driving this thing?
by ,
May 03, 2016
by Colin McIntosh Do you remember Herbie the Love Bug? Herbie was a 1963 Volkswagen Beetle car in a string of Walt Disney movies. In typical Disney anthropomorphic style, Herbie goes his own way, falls in love, cries, plays jokes, and generally has a mind of his own. While the new driverless cars, like those being

Read More 

Word of the Day

star

a very large ball of burning gas in space that is usually seen from the earth as a point of light in the sky at night

Word of the Day

trigger warning noun
trigger warning noun
May 02, 2016
a warning that a subject may trigger unpleasant emotions or memories This is not, I should stress, an argument that trigger warnings should become commonplace on campus.

Read More