Peg (Verb)
Meaning 1
Stabilize (the price of a commodity or an exchange rate) by legislation or market operations; "The weak currency was pegged to the US Dollar".
Classification
Verbs of size, temperature change, intensifying, etc..
Examples
- The government pegged the currency to a strong foreign currency to avoid inflation in the country.
- The new government policy pegged the commodity prices to those of the global market for better trade opportunities.
- To stabilize the economy, the government pegged the exchange rate at a fixed point.
- The weak currency was pegged to that of the economically developed country in order to increase financial security.
- The officials decided to peg the currencies at a fixed exchange rate during the economic crisis.
Hypernyms
Meaning 2
Succeed in obtaining a position; "He nailed down a spot at Harvard".
Classification
Verbs of political and social activities and events.
Examples
- She managed to peg a highly competitive internship at a top advertising agency.
- He seemed to peg a promotion at the company with his impressive presentation.
- The new musician pegged a recording contract with a prestigious label.
- The job applicant pegged a position as a financial analyst at the firm.
- She pegged a spot at the renowned art school with her exceptional portfolio.
Synonyms
Hypernyms
Meaning 3
Pierce with a wooden pin or knock or thrust a wooden pin into.
Classification
Verbs of touching, hitting, tying, digging.
Examples
- She carefully pegged the laundry to the clothesline, making sure not to wrinkle any of the clothes.
- The woodworker pegged the joints of the wooden chair together.
- A large pin was needed to peg the thick leather straps in place.
- To assemble the furniture, peg the legs to the base using the small wooden dowels.
- The carpenter expertly pegged the wooden boards together to create the frame of the shed.
Hypernyms
Related Words
Meaning 4
Fasten or secure with a wooden pin; "peg a tent".
Classification
Verbs of touching, hitting, tying, digging.
Examples
- She carefully pegged the laundry to the clothesline so it wouldn't blow away in the wind.
- To set up the new awning, you need to peg the guy wires tightly to the ground.
- He pegged his jacket to a hook by the door to dry it after the rain.
- You should peg the fabric tightly to the frame to prevent it from sagging.
- They used metal pegs to peg the poles of the tent securely to the ground.