Australian slang, meaning to throw an object very hard and fast. Generally an object small enough to fit in one hand.
"I pegged the ball at the batsman"

"Joe pegged a rock at that window hard enough to break it"
by d_eyes October 22, 2004
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this is when you are being nerdy, or acting in sneaky way pretending not to be revising but actualy really are
dude 1: mann i only got 60% in that test

Dude 2: i got 74% gud times

Dude 1: your such a peg, u said you didnt revise lol
by Frank MacE January 06, 2010
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v. a woman takes and puts on a strap-on on dick, and has unprotected premarital sexual intercourse with a male's butt hole
Maryam pegged for multiple hours last night.
by TRODGOR February 05, 2008
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meaning 1 single drink - mainly whiskey
commonly used amongst the punjabi speaking population of north india, canada and the UK
"c'mon man pour me a peg , hurry up man"

"yo lets get boozy pour everyone a big peg bro"

"can you drink your peg quickly i am about to pour us another one"
by playasOnli June 23, 2007
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Shapely female legs. Also see gams
The girl in the short skirt has some great pegs!
by joerover August 15, 2008
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The loud, rude, cheating, self absorbed, push up bra wearing, tatted up, money grubbing, useless little troll that surrounds a stank ridden vagina.
If the bar suddenly becomes filled with the overwhelming stench of ass and cat food, that would be Peg.
by Flatcanned88 September 14, 2012
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to put Tight Rolls on one's jeans. a common practice in the 80's and early 90's whereby people roll up their jeans to make them tight against their leg.
"you're still pegging your stone wash jeans?"

"he's not even cool enough to peg his jeans"
by protocoldroid July 05, 2004
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