Etymology

Noun

1. A cylindrical wooden, metal etc. object used to fasten or as a bearing between objects.
2. A protrusion used to hang things on.
3. A peg moved on a crib board to keep score.

Verb

1. To fasten using a peg.

   Let's peg the rug to the floor.

2. To affix or pin.

   I found a tack and pegged your picture to the bulletin board.

   She lunged forward and pegged him to the wall.

3. To narrow the cuff openings of a pair of pants so that the legs take on a peg shape.
4. To throw.
5. To indicate or ascribe an attribute to. (Assumed to originate from the use of pegs or pins as markers on a bulletin board or a list.)

   He's been pegged as a suspect.

   I pegged his weight at 165.

6. To move one's pegs to indicate points scored.
7. To reach or exceed the maximum value on a scale or gauge.

   We pegged the speedometer across the flats.

8. To engage in anal sex by penetrating one's male partner with a dildo
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See also

• wedge, cf. Latin cuneus
• cone, cf. Latin conus
• cunny, cunt, cf. Latin cunnus
• (cribbage): muggins