peg 

urban slang to describe having sex, often used by young egotistical males who think that every attractive girl who walks by wants to have sex with them. Will often refer to these young girl as "fitties"!

"ah man, i'd take her down a peg or two"

"I'd like to peg that bit of pink"

peg by Tchock June 27, 2007

Peg 

(n) 1. a "psycho email group" originating in 2002 becoming a large Northeastern phenomenon in the long summer months during college
2. a message sent through peg

(v) 1. the act of sending a message through peg

ex1. "Why isn't anyone on peg?"
ex2. "There are so many pegs i dont know where to start!"
ex3. "Peg ya, later"
ex4. "I'll start a new peg."

Peg by Nick Caruso July 27, 2007

peg 

Short form of the feminine name "Peggy." Peggy, in turn, is often used as a shortened form of "Margaret," for reasons not entirely clear to this author.

Hey, Peg! Peg? Hey, PEGGY - get over here!

peg by Rod Brock July 30, 2006

Peg 

The penis

To peg: To have sex

Get your peg out!

He can peg me any day

Peg by House 21 December 24, 2007

Peg 

Meaning a shot in Punjabi, the unit of alcholol measurement.

Kidhaa, peg lanna

Peg by Singhhhhh September 12, 2015

peg 

tooth, though not commonly employed in the singular, used especially when discussing those of infants and the elderly or someone with uncommon character in the mouth.

He'll surely bite you once those pegs come in.

peg by Katherine Sandoz April 17, 2007

Peg 

to run very fast. Derives possibly from either 'peg leg' or just an alternative to 'leg' as in 'leg it'

The police are coming! Peg it!

Peg by Natalia December 7, 2004