peg back

peg back
phrasal verb [transitive]
Word forms "peg back":
present tense I/you/we/they peg back he/she/it pegs back present participle pegging back past tense pegged back past participle pegged back
1) economics to control something such as prices or salaries so that they do not increase above a particular level

Government measures to peg back inflation have caused a recession.

2) to prevent an opponent from winning in a game or competition

They took the lead early but were pegged back by an equalizer from Johnny Jameson.


English dictionary. 2014.

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