Peggy \p(e)-ggy\ as a girl's name is pronounced PEH-gee. It is of English origin. Nickname of Margaret (Greek) "pearl". Used as an independent name since the 18th century. Skater Peggy Fleming; singer Peggy Lee; actress Peggy Lipton.
Peggy has 4 variant forms: Peg, Pegeen, Pegg and Peggie.
Baby names that sound like Peggy are Becky, Beige, Paige, Payge, Page, Peachy and Peach.