"peg" in the noun sense

1. peg, nog

a wooden pin pushed or driven into a surface

2. peg, pin

small markers inserted into a surface to mark scores or define locations etc.

3. pin, peg, stick

informal terms for the leg

"fever left him weak on his sticks"

4. peg, wooden leg, leg, pegleg

a prosthesis that replaces a missing leg

5. peg

regulator that can be turned to regulate the pitch of the strings of a stringed instrument

6. peg, pin, thole, tholepin, rowlock, oarlock

a holder attached to the gunwale of a boat that holds the oar in place and acts as a fulcrum for rowing

"peg" in the verb sense

1. nail down, nail, peg

succeed in obtaining a position

"He nailed down a spot at Harvard"

2. peg

pierce with a wooden pin or knock or thrust a wooden pin into

3. peg, peg down

fasten or secure with a wooden pin

"peg a tent"

4. peg

stabilize (the price of a commodity or an exchange rate) by legislation or market operations

"The weak currency was pegged to the US Dollar"

Source: WordNet® (An amazing lexical database of English)

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