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Related to peg up: PEG ratio
1. To hang or post something up with or as if with a peg: I pegged the laundry up on the clothesline. The artist pegs up his canvasses to dry.
2. To raise some amount, rate, or value suddenly: The store had to peg up the price of milk.
3. To achieve something: The team pegged up their first win halfway through the season. This successful record has pegged up more than a million dollars in sales.
4. To play golf: She has the opportunity to peg up in a professional tournament.