peg

/peg/
Noun
  1. a holder attached to the gunwale of a boat that holds the oar in place and acts as a fulcrum for rowing
  2. regulator that can be turned to regulate the pitch of the strings of a stringed instrument
  3. a prosthesis that replaces a missing leg
  4. informal terms for the leg
    • fever left him weak on his sticks
  5. small markers inserted into a surface to mark scores or define locations etc.
  6. a wooden pin pushed or driven into a surface
Verb
  1. stabilize (the price of a commodity or an exchange rate) by legislation or market operations
    • The weak currency was pegged to the US Dollar
  2. fasten or secure with a wooden pin
    • peg a tent
  3. pierce with a wooden pin or knock or thrust a wooden pin into
  4. succeed in obtaining a position
    • He nailed down a spot at Harvard

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peg
The rower adjusts the oar in the peg before starting.