- A pointed instrument for piercing small holes, as in leather
or wood; used by shoemakers, saddlers, cabinetmakers, etc. The blade is
differently shaped and pointed for different uses, as in the brad awl,
saddler's awl, shoemaker's awl, etc.
Crawling peg Crawling peg refers to a foreign exchange rate system in which the exchange rate is adjusted very frequently to reflect prevailing rate of inflation.
Definition
[ n.]