- A small, pointed piece of wood, used in fastening boards
together, in attaching the soles of boots or shoes, etc.; as, a shoe
peg. - A wooden pin, or nail, on which to hang things, as coats, etc.
Hence, colloquially and figuratively: A support; a reason; a pretext;
as, a peg to hang a claim upon. - One of the pins of a musical instrument, on which the strings
are strained. - One of the pins used for marking points on a cribbage board. - A step; a degree; esp. in the slang phrase "To take one down
peg."
2 . Peg
[ v. i.]
- To work diligently, as one who pegs shoes; -- usually with
on, at, or away; as, to peg away at a task.
3 . Peg
[ v. t.]
- To put pegs into; to fasten the parts of with pegs; as, to
peg shoes; to confine with pegs; to restrict or limit closely. - To score with a peg, as points in the game; as, she pegged
twelwe points.
Meaning of 'peg' (Princeton's WordNet)
1 . peg
[ n]
Meaning (1): - informal terms for the leg
Example in sentence:
fever left him weak on his sticks
2 . peg
[ v]
Meaning (2): - succeed in obtaining a position
Example in sentence:
He nailed down a spot at Harvard
Meaning (3): - fasten or secure with a wooden pin
Example in sentence:
peg a tent
Meaning (4): - stabilize (the price of a commodity or an exchange rate) by legislation or market operations
Scapegoat Scapegoat is the object of displaced aggression. In Biblical times the Israelites sent a pure white goat out to die in the wilderness once a year, on the Day of Atonement, carrying
Pegged exchange rate Pegged exchange rate— exchange rate whose value is pegged to another currency’s value or to a unit of account.
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.
Scapegoating Scapegoating means blaming, punishing, or stigmatizing a relatively powerless individual or group for wrongs that were not of their doing.
Adjustable peg system Adjustable peg system is a system in which a currency is pegged to another, but with the possibility of adjusting the exchange rate from time to