Economics. A limit set on an exchange rate, share price, etc., to fix or stabilize the price of a commodity. Cf. peg, v. 7.
| 单词 | θ221686 |
| 释义 | society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > rate of exchange > limit on rate (1) peg1933 Economics. A limit set on an exchange rate, share price, etc., to fix or stabilize the price of a commodity. Cf. peg, v. 7. |
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