pegged

[pegd]

adjective

1. expected to do or be something, based on an assumption or stereotype or past behavior (followed by for or an infinitive): This was a team pegged for greatness before they even set foot on the practice field.

   The son of a wealthy businessman, he was pegged to follow in his father’s footsteps.

   This was a team pegged for greatness before they even set foot on the practice field.

2. identified or labeled (followed byas ).

   Once you’re pegged as a manipulator, word will spread; count on it.

3. estimated, calculated, or generally considered to be of a certain value, size, time, etc. (followed byat ).

   Another stimulus package, pegged at $200 million, is now being debated in the Senate.

   France's Jewish community was then one of the largest in Europe, pegged at around 500,000.

4. attached to a certain variable or standard as a measure of value.

   Saudi Arabia's currency is pegged to that of the United States.

5. fixed or assigned.

   The new smartphone will be out soon, with May 29th pegged as its release date.

   The professor pegged to moderate our debate emailed us all a week in advance.

verb

1. the simple past tense and past participle of peg.

Word History and Origins

Origin of pegged¹

peg ( def. ) + -ed ² ( def. )

Idioms and Phrases

Idioms

1. have (got) someone or something pegged, to have figured out the true nature of a person or thing.

   Apart from that one overreaching comment, I admit you've pretty much got me pegged.

Example Sentences

Stablecoins are cryptocurrencies that are pegged to another asset—in this case, the dollar.

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Stablecoins are cryptocurrencies that are pegged to another asset—in this case, the dollar.

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The Energy Information Administration pegged utilization at 90% for the week ended Nov. 14.

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Stablecoins, such as USD1, are typically pegged to the dollar and backed by an equivalent amount of reserves, while other tokens, such as WLFI, swing in price on exchanges depending on investor demand.

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A boom in stablecoins -- cryptocurrencies designed to hold a steady value by being pegged to traditional assets -- calls for "close monitoring", ECB economists warned Monday.

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Related Words

• fixed