An ABODE is a 5-letter term for a place to hang your hat, such as a house or apartment. A CLOSET is a 6-letter term for a storage space, often with a door, where you can hang your hat. A PEG is a 3-letter term for a small piece of wood or metal that is used to hang items on, such as a hat. Finally, a tree is a 4-letter term for a large plant with a trunk and branches, which can be used to hang a hat from.