(masculine) sheepskin (skin of a sheep with the fleece left on)
(figuratively, masculine) doormat (someone that is over-submissive to others’ wishes)
(masculine) a member of a labor union or a labor union itself that acts contrary to the workers' best interest.
Pronounced as (IPA)
/peˈle.ɡu/
Etymology
By surface analysis, pelo + -ego. However, some sources say it comes from Spanish pellejo. When used in a political sense, it may be related to the saying "lobo em pele de cordeiro".