pegging Meaning, Definition & Usage

1. verb succeed in obtaining a position
   nail; nail down; peg.
   
   • He nailed down a spot at Harvard
2. verb pierce with a wooden pin or knock or thrust a wooden pin into
   peg.
   
3. verb fasten or secure with a wooden pin
   peg; peg down.
   
   • peg a tent
4. verb stabilize (the price of a commodity or an exchange rate) by legislation or market operations
   peg.
   
   • The weak currency was pegged to the US Dollar

WordNet