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.

---

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

The local currency is pegged to the dollar, and the closure of the Strait of Hormuz has disrupted the flow of dollars into the U.A.E. economy.

From The Wall Street Journal • May 14, 2026

Still, there’s the largely frozen labor market to consider, albeit with an unemployment rate pegged at a fairly low 4.3% in April.

From MarketWatch • May 14, 2026

Typically, contracts pegged to indexes are settled in cash.

From MarketWatch • May 12, 2026

Mortgage rates have risen since the first quarter of the year, when weekly readings by Freddie Mac pegged the average 30-year fixed mortgage rate below 6%.

From Barron's • May 5, 2026

Had I pegged the sailor correctly or had I judged too quickly?

From "Salt to the Sea" by Ruta Sepetys

Related Words

• fixed