Meaning of Word:
Peg
Definitions and Meaning in English:
- A peg is a small, cylindrical or pointed object that is used to secure or fasten things in place, often by being inserted into a hole.
- It can also refer to a fixed point or level on a scale, often in a financial or economic context.
- Additionally, peg can refer to a type of hook or support used to hang items.
History and Origin:
The word “peg” comes from the Middle English pegge, which means “a small pin or peg,” and was derived from the Old Norse word pegr, meaning “a nail or pin.” Over time, the use of “peg” expanded to describe any small, pointed or cylindrical object used for securing things or marking a point. It has been used in various contexts, from physical objects like clothes pegs to metaphorical uses in business and finance.
Detailed Explanation:
A peg serves as a versatile tool for attachment, fastening, or marking in various scenarios. It is commonly used in everyday life, such as a clothes peg, which is used to hang clothes on a line, or in woodworking, where pegs are used to hold pieces together. The term “peg” also extends into financial contexts, where it can refer to setting a fixed value for something, like pegging a currency exchange rate to another. In business or sports, a peg might also refer to a level or milestone, such as setting a sales target or performance standard.
Example Sentences:
- She used a peg to secure the tent flap closed during the storm.
- The clothes were hanging on the line with wooden pegs.
- The company decided to peg its prices to the rising cost of raw materials.
- After reaching the next peg in the climbing competition, she paused to rest.
- The financial system uses currency pegs to stabilize exchange rates.
- He marked the starting point with a peg on the trail.
- I need a peg to hang my coat when I get home.
- The peg on the wall held the entire weight of the shelf.
- Their goal was to peg their annual revenue at a 5% increase.
Synonyms with Short Explanation:
- Pin – A thin, pointed object used for fastening or securing things in place.
- Stake – A pointed piece of wood or metal used to fasten or support something, often larger than a peg.
- Hook – A curved or bent piece of material used to catch or support objects, similar to a peg in certain uses.
- Fastener – A general term for a device used to secure or hold objects together.
- Clasp – A device used to fasten or secure items, often a form of closure or attachment.
Related Words (Short Explanation):
- Support – A structure or device used to hold something in place, often related to pegs in the context of physical attachment.
- Anchor – A device used to keep something fixed or secure, often used metaphorically like a peg to denote stability.
- Bracing – Reinforcing something to prevent movement, similar to the role of a peg in securing items.
- Tack – A small nail-like object used to fasten or attach things, much like a peg in some contexts.
- Latch – A fastening mechanism, often used in doors or windows, which serves a similar function to a peg in securing.
More Matches (Short Explanation):
- Pivot – A central point or axis around which something turns or is fixed, similar to the idea of pegging something in place.
- Mark – A specific point or position on a scale, which can be compared to a peg in financial or business contexts.
- Level – A point or stage that something reaches, often used in comparison to a peg in goal-setting or measuring progress.
- Gauge – A measurement or scale, similar to pegging a value at a fixed point.
- Benchmark – A standard or reference point, often set or pegged to measure performance or progress.
Antonyms:
- Free – Not fixed or fastened in place, the opposite of something pegged or secured.
- Loose – Not tight or securely fastened, opposite of a peg that holds things in place.
- Unstable – Lacking fixed support or security, the opposite of something pegged firmly.
- Unsecured – Not fastened or held in place, in contrast to an object that is pegged.
- Flexible – Capable of bending or changing, not rigid or fixed like a peg.
