: a predetermined level at which something (such as a price) is fixed
2
a
: a projecting piece used as a support or boundary marker
b
: something (such as a fact or issue) used as a support, pretext, or reason
a news peg for the story
3
a
: one of the movable wooden pegs set in the head of a stringed instrument (such as a violin) that are turned to regulate the pitch of the strings see violin illustration
Noun Her coat hung on a peg by the door. took the arrogant student down a pegVerb Is the tent pegged down all the way? peg the price of wheat at its current level His bonus is pegged to how many sales he makes each year for the company.
Recent Examples on the Web
Noun
Forgo a peg and flip one of the shelves upside down for another take on this build. Katie Bandurski, Better Homes & Gardens, 24 Aug. 2022 In other cases, black squares mysteriously puffed up into domes, or irregular bulbous growths, or, in one case, what looked faintly like a stovepipe hat hung on a peg. Rebecca Mead, The New Yorker, 15 Aug. 2022 Recession talk gives conservatives a peg to pitch their cut-taxes solution and lets liberals promote their spend-more-and-raise-taxes-on-the-rich solution. Allan Sloan, Washington Post, 27 July 2022 Nearby, a peg neatly holds a fist full of dull chains, tools of his trade, waiting to be sharpened. Kirby Adams, The Courier-Journal, 13 July 2022 Meanwhile, on the other side of the planet, another peg is breaking. Christiaan Hetzner, Fortune, 16 June 2022 Terra's value was supposed to be pegged to $1, with the related cryptocurrency luna supposedly providing a backstop for this peg. Timothy B. Lee, Ars Technica, 13 June 2022 Dotted lines show tradingrange for peg to U.S. dollar. Dave Sebastian, WSJ, 12 May 2022 Tether has since regained its peg and remains the largest stablecoin with a $67.6 billion market value. Vicky Ge Huang, WSJ, 18 Aug. 2022
Verb
More recent figures peg those subvariants’ estimated respective shares of cases at 89% and 6.3%, CDC data show.Los Angeles Times, 22 Aug. 2022 Last year, for example, the Honda CR-V compact crossover SUV cost, on average, $1,285 annually to insure, while the latest figures peg the cost at $1,366. Jim Gorzelany, Forbes, 7 June 2022 One was to try to peg it to the U.S. dollar via the Luna mechanism to avoid the volatility experienced by typical cryptocurrencies. Telis Demos, WSJ, 12 May 2022 No one would necessarily peg the stew of rock, country and soul generated by The Doobie Brothers to mesh with the flashy glam rock pioneered by Marc Bolan and T. Rex. Melissa Ruggieri, USA TODAY, 10 May 2022 Now, industry sources peg him as a likely Day 2 selection who might not contribute in 2022. Dave Birkett, Detroit Free Press, 28 Mar. 2022 Stablecoins typically peg themselves to the dollar and hold a reserve of actual dollars in a bank deposit to redeem the coins. Greg Ip, WSJ, 18 May 2022 Macron has already pledged to extend existing caps on energy prices, and to peg pensions to inflation, among other measures.Washington Post, 25 Apr. 2022 As inflation has surged recently, Mr. Macron has also authorized billions of euros in subsidies for energy bills and at the gas pump and has promised to peg pension payments to inflation starting this summer.New York Times, 18 Apr. 2022
Adjective
The most controversial were the inclusion of single-unders and double-under crossovers which appeared during Event 3 alongside strict peg-board climbs. Gabrielle Kassel, Men's Health, 8 Aug. 2022 The toymaker father of young Olivia is dramatically kidnapped by a peg-legged bat. Dewayne Bevil, orlandosentinel.com, 18 Sep. 2020 See More