(India) A serving of any hard spirit, particularly whisky.
(UK) A small quantity of a strong alcoholic beverage.
(UK, slang, obsolete) A shilling.
(colloquial, dated) A leg or foot.
(cribbage) A peg moved on a crib board to keep score.
(cricket, slang) A stump.
(figurative) A support; a reason; a pretext.
(finance) A fixed exchange rate, where a currency's value is matched to the value of another currency or measure such as gold.
(journalism) A topic of interest, such as an ongoing event or an anniversary, around which various features can be developed.
(slang) The penetration of one's (male) partner in the anus using a dildo.
(slang, archaic) A serving of brandy and soda.
A cylindrical wooden or metal object used to fasten or as a bearing between objects.
A place formally allotted for fishing
A protrusion used to hang things on.
A step; a degree.
Ellipsis of clothes peg.
One of the pins of a musical instrument, on which the strings are strained.
verb
(cribbage) To move one's pegs to indicate points scored; to score with a peg.
(intransitive) To keep working hard at something; to peg away.
(slang, archaic) To drink alcohol frequently, especially brandy and soda; to tipple.
(slang, transitive, typically in heterosexual contexts) To engage in anal sex by penetrating (one's male partner) with a dildo.
(transitive) To affix or pin.
(transitive) To fasten using a peg.
(transitive) To fix a value or price.
(transitive) To narrow the cuff openings of a pair of pants so that the legs take on a peg shape.
(transitive, slang) To indicate or ascribe an attribute to. (Assumed to originate from the use of pegs or pins as markers on a bulletin board or a list.)
(transitive, slang) To reach or exceed the maximum value on (a scale or gauge).