unpeg

American  

[uhn-peg] / ʌnˈpɛg /

verb (used with object)

unpegged, unpegging

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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unpeg British  

/ ʌnˈpɛɡ /

verb

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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Etymology

Origin of unpeg

First recorded in 1595–1605; un- ² + peg

Example Sentences

Spree Under new Premier Etienne Flandin's energetic drive for a freer French economy, the Chamber before adjourning for the holidays last week passed bills empowering the Government to unpeg the price of wheat in France.

From Time Magazine Archive

Only matter except the wants of Le Peuple Souverain to engage Premier Blum actively last week was the question whether to unpeg the franc from gold.

From Time Magazine Archive

This accommodating old clerk would quickly unpeg his beaver at the first hint of new occupants.

From Pierre; or The Ambiguities by Melville, Herman