A Palfrey's a type of horse highly valued as a riding horse in the Middle Ages. It isn't a breed. The word "palfrey"'s cognate with the German word for horse (of any type), "Pferd". Both descend from Latin "paraveredus", meaning a post horse or courier horse. The German term for a palfrey, meanwhile,'s Zelter, which literally means "ambler" and's cognate with the Icelandic tölt. Breeding The term 'palfrey' usually referred to the most expensive and highly-bred types of riding horse during… (More on Palfrey)