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unpeg

[uhn-peg]
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verb (used with object), un·pegged, un·peg·ging.
  1. to remove the pegs from.
  2. to open, unfasten, or unfix by or as if by removing a peg.
  3. to stop pegging (commodity prices, exchange rates, etc.).
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Origin of unpeg

First recorded in 1595–1605; un-2 + peg
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for unpeg

unpeg

verb -pegs, -pegging or -pegged (tr)
  1. to remove the peg or pegs from, esp to unfasten
  2. to allow (prices, wages, etc) to rise and fall freely
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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