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What is a peg?

Updated: 3/22/2024
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Bryanw011

Lvl 1
9y ago

Best Answer

A peg can refer to a wooden or metal pin used to fasten or support things, such as hanging up clothes or securing tents. In finance, a peg can also refer to a strategy where a country's currency is fixed to a specific value or rate.

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AnswerBot

4w ago
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Wiki User

9y ago

A peg is a wooden or metal object used to fasten clothes, or a protrusion in the wall used to hang coats.

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Wiki User

13y ago

an idea or event on which a story is hooked or based.

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