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The third and most significant definition is the ?relationship of form and function.? This is the way that the horse's structure allows it to perform its method of ambulation either on its own or while working or performing for man.

The limbs play a major part in the movement of the horse, with the legs performing the functions of absorbing impact, bearing weight, and providing thrust. In general, the majority of the weight is borne by the front legs, while the rear legs provide propulsion.

Being coon footed (old term) is when the fetlock joint almost touches the ground as the horse walks, because the hind pasterns are excessively long. This also puts excess strain on the hocks and stifles, especially if a horse is asked for hard turns and stops, as in the arena.

The horse should have a long, moderately sloping croup. The length of the croup is important because it is essentially the "engine" that powers an equine athlete. A long croup more readily accommodates more muscle mass. Balance also accounts for the evenness of muscling.

The cost of lease is typically 1/3-1/2 of value, but can be much less than the cost of purchasing a comparable animal. Only one commission is paid to a trainer at the onset of a lease. Buying and selling a horse has two commissions ? at purchase and again at sale. Leases cost a fixed amount.

In the full lease situation, the lessee usually pays for all of the horse's costs, such as boarding, feed, veterinarian bills, and farrier bills, in return for being able to use the horse whenever the lessee wants. This situation is the most akin to horse ownership.