peg Definition 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

Definition of “peg” - English Dictionary

"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 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 Learners Dictionary & Thesaurus © 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

There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

sample

a small amount of something that shows you what the rest is or should be like

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More