The term pegged or peg is an adjective which means tapering toward the bottom. In other words it means wide at the top while narrow at the bottom. It is typically used to describe a style of pants.
As a transitive verb, pegged means fastened or plugged with either a peg or pegs. It could mean designated or marked using a peg or pegs. It may mean fixing (a price) at a particular level or within a specific range. It could also be informally used to mean classified or categorised. Another informal usage of the term is to mean 'to throw'.
When the term pegged is used as an intransitive verb it means working steadily. In this sense of the term it is used as a synonym for the term persist.
As a transitive verb, pegged means fastened or plugged with either a peg or pegs. It could mean designated or marked using a peg or pegs. It may mean fixing (a price) at a particular level or within a specific range. It could also be informally used to mean classified or categorised. Another informal usage of the term is to mean 'to throw'.
When the term pegged is used as an intransitive verb it means working steadily. In this sense of the term it is used as a synonym for the term persist.