peg out

verb5

1. •
   To mark (a territory or area) with pegs.

   • I was soon the proud possessor of a miner's right, and my claim was pegged out for me away on the reefs. — 1887
2. •
   (slang) To die.

   • [T]hat day was the only holiday I had all the time I was in camp - except when I had the ‘grippe’ and nearly pegged out. — 1933
3. •
   To hang up (washing) using pegs.
4. •
   To finish a game of croquet.
5. •
   To move one's peg to the last position on the pegboard, and thus win.