- to remove the peg or pegs from, esp to unfasten
- to allow (prices, wages, etc) to rise and fall freely
WordReference Random House Unabridged Dictionary of American English © 2026
un•peg
(un peg′),USA pronunciation v.t., -pegged, -peg•ging.
- to remove the pegs from.
- to open, unfasten, or unfix by or as if by removing a peg.
- Businessto stop pegging (commodity prices, exchange rates, etc.).
- un-2 + peg 1595–1605
Collins Concise English Dictionary © HarperCollins Publishers::
unpeg /ʌnˈpɛɡ/ vb ( -pegs, -pegging, -pegged) (transitive)