Peg \Peg\, n. [OE. pegge; cf. Sw. pigg, Dan. pig a point, prickle, and E. peak.] 1. A small, pointed piece of wood, used in fastening boards together, in attaching the soles of boots or shoes, etc.; as, a shoe peg.
2. A wooden pin, or nail, on which to hang things, as coats, etc. Hence, colloquially and figuratively: A support; a reason; a pretext; as, a peg to hang a claim upon.
3. One of the pins of a musical instrument, on which the strings are strained. --Shak.
4. One of the pins used for marking points on a cribbage board.
5. A step; a degree; esp. in the slang phrase ``To take one down peg.''
To screw papal authority to the highest peg. --Barrow.
And took your grandess down a peg. --Hudibras.
6. A drink of spirits, usually whisky or brandy diluted with soda water. [India]
This over, the club will be visted for a ``peg,'' Anglice drink. --Harper's Mag. [Webster 1913 Suppl.]
7. (Baseball) a hard throw, especially one made to put out a baserunner.
{Peg ladder}, a ladder with but one standard, into which cross pieces are inserted.
{Peg tankard}, an ancient tankard marked with pegs, so as divide the liquor into equal portions. ``Drink down to your peg.'' --Longfellow.
{Peg tooth}. See {Fleam tooth} under {Fleam}.
{Peg top}, a boy's top which is spun by throwing it.
{Screw peg}, a small screw without a head, for fastening soles.
Peg \Peg\, v. i. To work diligently, as one who pegs shoes; -- usually with on, at, or away; as, to peg away at a task.
Peg \Peg\, v. t. [imp. & p. p. {Pegged}; p. pr. & vb. n. {Pegging}.] 1. To put pegs into; to fasten the parts of with pegs; as, to peg shoes; to confine with pegs; to restrict or limit closely.
I will rend an oak And peg thee in his knotty entrails. --Shak.
2. (Cribbage) To score with a peg, as points in the game; as, she pegged twelwe points. [Colloq.]
That is surely not going to happen again, because governments have abandoned the gold peg for their currencies and have generally established targets for the minimum as well as the maximum annual growth rate of the money supply.
No one here doubts that he wants to be prime minister, and opinion polls peg him as the front-runner to succeed Mrs. Thatcher.
His running mate, Sen. Dan Quayle of Indiana, has led the opposition in the Senate to a Democratic bill that would raise the minimum and peg it to inflation.
These plans were revised from one a few years back in which Borden tried to peg incentives to return on equity.
A peg gives that wheel an extra push every 100 years, thus disengaging the calendar mechanism on three out of four century years to skip the leap year.
Watch him singing, wearing large earrings, bouffant hair, a dinner jacket, a long pantalon skirt and a huge cricket pad on his right leg in place of the peg.
THE U.S. MEDAL COUNT at the Olympics will be used to peg interest rates on a new certificate of deposit at Home Federal Bank for Savings, Waukegan, Ill.
I don't think it's any gamble at all." Weicker, 58, told reporters, supporters and onlookers in a packed Capitol conference room that his unsuccessful bid for a fourth Senate term in 1988 "took me down a peg or two and probably deservedly so.
Referendums in Montgomery, Anne Arundel and Baltimore counties in Maryland would limit annual increases in property taxes to as low as 2 percent a year or would peg them to the previous year's inflation rate.
Support for a social safety net is vital, as is a fund to back the rouble, which would psychologically underpin a commitment to peg the exchange rate and make it fully convertible.
News that the reform plan, details of which are due to be unveiled in less than three weeks, would not peg prices in the industry helped to nudge the leading drugs stocks up by as much as 5 per cent.
They couldn't peg him.
Few believe the 3 per cent objective for 1994 is attainable. 'There seems to be a yearning in industry for a return to Portugal's old 'crawling peg' system of devaluation,' said one foreign consultant.
In remote areas, BT's licence, which does not allow it to differentiate between regions, will peg rental charges.
While the Environmental Protection Agency calculates that the costs of the Clean Air and Clean Water Acts amounted to $648 billion between 1981 and 1990, economists Michael Hazilla and Raymond Kopp peg the costs at $977 billion.
Hong Kong, meanwhile, is still growing strongly. Liquidity is also powering the rally, as this week's intervention to hold the Hong Kong dollar down to its US dollar peg suggests.
Local authorities all over Britain are facing up to 90,000 job losses as the government tries to peg public spending. In exchange for the pay cut, the employees will be able to work one hour less a week or take seven extra days' holiday.
The government plans to peg this year's total money supply growth at 19 percent to contain inflation, officials said.
"In the past, people went with the flow, unless they really wound up being a square peg in a round hole.
Although Japan has now become one of the major world economic powers, it refuses to permit a country such as Korea to peg its currency to the yen.
"I said, `That's the job of the writer,"' Kesey said. "We've got to take the square peg and jam it into the round hole.
The discount-rate boost may be accompanied by a quarter-point rise to 3.75% in the securities-repurchase-agreement rate, which acts as a peg for money market rates.
If we were to peg a letter grade to his performance, it would be a C+.
Another group will peg the date to the day the Americans pulled out of Lebanon.
New York analysts believe Dollars 335 a troy ounce is an important support point for bullion, and peg next support at Dollars 333, then Dollars 330.
Star Wars deployment may be the biggest wild card; the administration won't estimate its cost, but outside analysts peg a first-phase deployment at $150 billion.