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peg back

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phrasal verb [transitive]
Word Forms
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present tense
I/you/we/theypeg back
he/she/itpegs back
present participlepegging back
past tensepegged back
past participlepegged back
  1. 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. 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.

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