pegged

American  

[pegd] / pɛgd /

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.

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verb

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

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.

Etymology

Origin of pegged

peg ( def. ) + -ed ² ( def. )

Example Sentences

Under Bretton Woods, other countries pegged their currency to the dollar.

From The Wall Street Journal

Until 1973 the U.S. and its main trading partners operated under the Bretton Woods system by which European countries pegged their currencies to the dollar and Washington bound the dollar to gold.

From The Wall Street Journal

That's understandable when you think about what happened to them on Wednesday when they were pegged back by Wolves after leading 2-0.

From BBC

Beef prices, for example, have been rising steadily since the pandemic, and were last pegged 15% higher to last year’s levels.

From Barron's

Turnquist at LPL Financial also notes data from the Cboe Group that show the implied correlation for an individual stock to the overall market is pegged near the lowest levels in five years.

From Barron's

Related Words

• fixed