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

Nonetheless, the broader market tone remains positive heading into the Wednesday session, with Brent crude prices retreating firmly below the $100 mark, and last pegged at $95 a barrel, and stock futures powering higher.

From Barron's

Elsewhere, digital traders learned Tuesday about a potential compromise to be included in the key market bill that would ban rewards on accounts for stablecoins – types of crypto tokens typically pegged to the U.S. dollar.

From Barron's

Then there’s free school lunches, which the government has pegged at up to $4.69 per day for about 30 million children receiving meals in school.

From Los Angeles Times

Investors would also be able to use stablecoins—a type of cryptocurrencies typically pegged to the U.S. dollar—to fund trades.

From The Wall Street Journal

The S&P 500 has weakened but remains just 5.4% from its late January peak, with nearly all of those declines pegged to the first U.S. attacks on Iran at the end of last month.

From Barron's

Related Words

• fixed