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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

  • Stabilise

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

  • Nail Down
  • Nail

Hypernyms

  • Deliver The Goods
  • Win
  • Bring Home The Bacon
  • Succeed

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

  • Thrust

Related Words

  • Peg (noun)

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.

Synonyms

  • Peg Down

Related Words

  • Peg Down (verb)
  • Peg (noun)
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