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Dark horse, frightful prospect (9)

Ross

I believe the answer is:

nightmare

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'frightful prospect' is the definition.
The definition and answer can be both related to thinking as well as being singular nouns.
Maybe there's a link between them I don't understand?

'dark horse' is the wordplay.
'dark' becomes 'night' (it's dark at nighttime).
'horse' becomes 'mare' (mare is a kind of horse).
'night'+'mare'='NIGHTMARE'

Can you help me to learn more?

(Other definitions for nightmare that I've seen before include "Horror" , "causing distress to the Lord Chancellor?" , "that might upset the rest" , "It makes one restless" , "Scary fantasy while asleep" .)

I've seen this clue in The Telegraph.
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