单词 | peg |
释义 | peg peg // verb, noun
■ verb [+ obj] (-gg-)
1 (Economics ) to fix or keep prices, currencies, etc. at a particular level: Interest rates will be pegged at 4%. The dividend has been pegged. A decision had been taken to peg their currency to the dollar. a pegged currency ⇨ FREEZE verb (1) See note at CURRENCY
2 ( to measure, consider or estimate sth at a particular amount: Unemployment was above the 400 000 level that economists peg as a weak labour market. The cost of setting up the new site is pegged at around $10 000 dollars. pegging noun [U] ■ noun [C] ADJUSTABLE PEG, CRAWLING PEG, CURRENCY PEG, OFF-THE-PEG, SLIDING PEG an arrangement to fix or keep prices, currencies, etc. at a particular level: The country has now abandoned its exchange rate peg to the dollar. |
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