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- Dictionarypeg/pɛɡ/
noun
- 1. a short pin or bolt, typically tapered at one end, that is used for securing something in place, hanging things on, or marking a position: "she put her mac on a peg in the hall"
- 2. a point or limit on a scale, especially of exchange rates: "the Mexican peso, linked to the dollar by a crawling peg, was distinctly too high"
verb
- 1. fix, secure, or mark with a peg or pegs: "drape plants with nets, pegging down the edges" Similar
- 2. fix (a price, rate, or amount) at a particular level: "the dividend was pegged at 23.59p" Similar
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