pony

noun (plural ponies)

• 1a horse of a small breed, especially one whose height at the withers is below 14 hands 2 inches (58 inches).
• (the ponies) informal racehorses:he had been playing the ponies on the side

• 2 informal a small drinking glass or the drink contained in it:a pony of vodka

• 3a literal translation of a foreign-language text, used illicitly by students; a trot.

• 4British informal twenty-five pounds sterling.

verb (ponies, ponying, ponied)

• pay (money), especially as a contribution or an unavoidable expense:getting ready to pony up for their children’s college education