verb (used with object), un·pegged, un·peg·ging.
- to remove the pegs from.
- to open, unfasten, or unfix by or as if by removing a peg.
- to stop pegging (commodity prices, exchange rates, etc.).
verb -pegs, -pegging or -pegged (tr)
- to remove the peg or pegs from, esp to unfasten
- to allow (prices, wages, etc) to rise and fall freely