unpeg

[ uhn-peg ]
/ ʌnˈpɛg /

verb (used with object), un·pegged, un·peg·ging.

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

Origin of unpeg

First recorded in 1595–1605; un-2 + peg

British Dictionary definitions for unpeg

unpeg
/ (ʌnˈpɛɡ) /

verb -pegs, -pegging or -pegged (tr)

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