verb (used with object), un·pegged, un·peg·ging.

to remove the pegs from.
to open, unfasten, or unfix by or as if by removing a peg.
to stop pegging (commodity prices, exchange rates, etc.).

Origin of unpeg

First recorded in 1595–1605; un-2 + peg
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for unpeg


verb -pegs, -pegging or -pegged (tr)

to remove the peg or pegs from, esp to unfasten
to allow (prices, wages, etc) to rise and fall freely
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012