One of the mysteries of the English language finally explained.
A breed of horse originating in Peru (although originally from Spanish stock), known for its smooth, ambling gait; a horse of this breed.
1960s; earliest use found in Science. From Peruvian + Spanish paso step, after Spanish paso peruano (undated).
Peruvian Paso/pəˌruːvɪən ˈpasəʊ/
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