- 1to fasten something with pegs peg something (out) + adv./prep. All their wet clothes were pegged out on the line. peg something to something She was busy pegging her tent to the ground.
- 2[usually passive] to fix or keep prices, wages, etc. at a particular level peg something (at something) Pay increases will be pegged at 5%. peg something (to something) Loan repayments are pegged to your income. to peg the exchange rate to the dollar Admission prices have been pegged.
- 3peg somebody as something (North American English, informal) to think of somebody in a particular way She pegged him as a big spender. Word Origin late Middle English: probably of Low German origin; compare with Dutch dialect peg
BrE BrE//peɡ//; NAmE NAmE//peɡ//Verb Forms present simple I / you / we / they peg
BrE BrE//peɡ//; NAmE NAmE//peɡ//he / she / it pegs
BrE BrE//peɡz//; NAmE NAmE//peɡz//past simple pegged
BrE BrE//peɡd//; NAmE NAmE//peɡd//past participle pegged
BrE BrE//peɡd//; NAmE NAmE//peɡd//-ing form pegging
BrE BrE//ˈpeɡɪŋ//; NAmE NAmE//ˈpeɡɪŋ//