unpeg

UK: /ʌnˈpɛɡ/ US: (un peg′)

WordReference Random House Unabridged Dictionary of American English © 2025

un•peg  (un peg′), v.t., -pegged, -peg•ging. 

1. to remove the pegs from.
2. to open, unfasten, or unfix by or as if by removing a peg.
3. Business to stop pegging (commodity prices, exchange rates, etc.).

• un-² + peg 1595–1605

Collins Concise English Dictionary © HarperCollins Publishers::

unpeg / ʌnˈpɛɡ/ verb ( -pegs, -pegging, -pegged)(transitive)

1. to remove the peg or pegs from, esp to unfasten
2. to allow (prices, wages, etc) to rise and fall freely