noun:

1. The penetration of one's partner in the anus using a dildo.
2. A protrusion used to hang things on.
3. A step; a degree.
4. A support; a reason; a pretext.
5. Measurement between the pegs: after killing an animal hunters used the distance between a peg near the animal's nose and one near the end of its tail to measure its body length.
6. Price/earnings to growth ratio (PEG ratio).
7. A cylindrical wooden or metal object used to fasten or as a bearing between objects.
8. Public, educational, and government access television.
9. A leg or foot.
10. Percutaneous endoscopic gastrostomy.
11. A place formally allotted for fishing.
12. A small quantity of a strong alcoholic beverage.
13. A peg moved on a crib board to keep score.
14. One of the pins of a musical instrument, on which the strings are strained.
15. A stump.
16. A topic of interest, such as an ongoing event or an anniversary, around which various features can be developed.
17. A fixed exchange rate, where a currency's value is matched to the value of another currency or measure such as gold.
18. Acronym of polyethylene glycol.
19. Clipping of clothes peg.

verb:

1. To reach or exceed the maximum value on (a scale or gauge).
2. To narrow the cuff openings of a pair of pants so that the legs take on a peg shape.
3. To keep working hard at something; to peg away.
4. To fix a value or price.
5. To fasten using a peg.
6. 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.).
7. To move one's pegs to indicate points scored; to score with a peg.
8. To engage in anal sex by penetrating (one's male partner) with a dildo.
9. To throw.
10. To affix or pin.

name:

1. Clipping of Peggy.
2. Diminutive of Margaret.
3. A female given name.
4. Abbreviation of the city of Winnipeg. Usually preceded by "the".