PEG

noun

1. A cylindrical wooden or metal object used to fasten or as a bearing between objects.
2. Measurement between the pegs: after killing an animal hunters used the distance between a peg near the animal's nose and one near the end of its tail to measure its body length.
3. A protrusion used to hang things on.

verb

1. To fasten using a peg.
2. To affix or pin.
3. To fix a value or price.