A pegtop, a spinning top.
A pear-shaped spinning top with a metal pin or peg forming the point, spun by the rapid uncoiling of a string wound around it. Now chiefly historical.
= pegtop, n. 1b. Chiefly in peg in the ring n. = pegtop, n. 1a. Now chiefly historical.
A spinning top or pegtop (pegtop, n. 1b) made of boxwood.