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Definition peg in British English

peg noun

[countable] noun
/peɡ/
1

a wooden or plastic object used for fastening wet clothes onto a line so that they will dry

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2

an object fixed to a wall, door etc and used for hanging things on

Example

Her coat hung from a peg behind the door.

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2.1

an object used for fastening things together

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2.2

an object pushed or hit into the ground to keep a tent in position

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2.3

a small object used for marking the position of something

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4

an arrangement that keeps a price, amount etc at the same level in relation to something else

Example

Officials have pledged that the currency peg to the US dollar will be maintained.

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Definition peg in British English