peg is a Noun
[1] A small, pointed piece of wood, used in fastening boards together, in attaching the soles of boots or shoes, etc.; as, a shoe peg.
[2] A wooden pin, or nail, on which to hang things, as coats, etc. Hence, colloquially and figuratively: A support; a reason; a pretext; as, a peg to hang a claim upon.
[3] One of the pins of a musical instrument, on which the strings are strained. Shak.
[4] One of the pins used for marking points on a cribbage board.
[5] A step; a degree; esp. in the slang phrase "To take one down peg." To screw papal authority to the highest peg. Barrow. And took your grandess down a peg. Hudibras. Peg ladder, a ladder with but one standard, into which cross pieces are inserted. -- Peg tankard, an ancient tankard marked with pegs, so as divide the liquor into equal portions. "Drink down to your peg." Longfellow. -- Peg tooth. See Fleam tooth under Fleam. -- Peg top, a boy`s top which is spun by throwing it. -- Screw peg, a small screw without a head, for fastening soles.
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