verb
Pegs and glue are often used for fastening good furniture together. Hang your coat on the peg
As bespoke clothing is so dear, I buy mine off the peg
He was acting a bit high and mighty, so she took him down a peg or two
verb
They pegged the tent firmly to the ground
In indexing, the rate of inflation is often used for pegging wages
I'll bet a fiver you can't peg that stone across the river
Trevor pegs away at his homework every evening