1. past tense of peg; fastened or secured with pegs
2. fixed or set at a particular level or value
Usage: economics; finance
3. identified or categorized someone as a particular type
Usage: informal

1. having a fixed exchange rate tied to another currency
Usage: economics

Examples

• She pegged the wet clothes to the line.
• The currency was pegged to the dollar.
• I had him pegged as a troublemaker from the start.
• The tent was securely pegged to the ground.
• Interest rates were pegged at 5 percent.
• The pegged exchange rate helped stabilize the economy.
• He pegged the poster to the bulletin board.