What does UNPEG mean?

Heres the information you asked for: unpeg Part of Speech: verb Definition: to detach or release from a fixed position or value Pronunciation (US): ʌnˈpɛɡ Pronunciation (UK): ʌnˈpɛɡ Origin and Usage: The word "unpeg" is a combination of "un-" (meaning "not") and "peg" (meaning "to fasten or secure"). It was first recorded in the mid-19th century and has been used to describe the act of detaching or releasing from a fixed position or value. It is commonly used in financial contexts, such as when a currency is unpegged from another currency or when a commodity price is unpegged from a fixed value. Synonyms: detach, release, unfasten, unhook, unbind Related Words: uncap, uncle, under, unlit, unman Example Sentences: - The government decided to unpeg the currency from the US dollar. - The company unpegged the price of its product from the market value. - The carpenter unpegged the plank from the wall.