1) (pegging the exchange) The fixing of the value of a country's currency on foreign exchange markets.

See:

crawling peg, fixed exchange rate.

2) (pegging wages) The fixing of wages at existing levels by government order to prevent them rising during a period of inflation. The same restraint may be applied to prices (pegging prices) in order to control inflation.

• accountability
• accountant
• account day
• accounting concepts
• accounting exposure
• accounting package
• accounting period
• accounting principles
• accounting rate of return
• Accounting Standards Board
• account payee only
• accounts
• accounts payable
• accounts receivable
• accreting cap
• accreting swap
• accrual
• accruals concept
• accrued benefits
• accrued charge
• accrued income scheme
• accrued interest
• accumulated depreciation
• accumulated dividend
• accumulated profits