peg
UK: peɡ | US: peɡ
n. a small cylindrical or tapered pin used to fasten or align objects
n. a fixed level or limit (e.g., currency peg)
vt. to fasten or mark with a peg
vt. to fix or stabilize at a set level
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Derived from Old English pegge or pegg, meaning "pin" or "nail," likely of Germanic origin. The word has retained its core meaning of a small fastener while expanding metaphorically (e.g., "peg" as a fixed benchmark in economics). Its simplicity reflects its ancient, functional roots in carpentry and daily use.
She hung her coat on a wooden peg by the door.
The central bank decided to peg the currency to the US dollar.
He pegged the tent ropes securely to the ground.
The price increase was pegged to inflation rates.
Use a peg to align the holes before drilling.