Small horse (4)

I think it could be either:

Which length description are you looking for?:

8,4

pony

'small horse' is the definition.
(I've seen this in another clue)

This is the entire clue.

(Other definitions for pony that I've seen before include "Twenty-five pounds; small horse" , "Horse (worth PS25?)" , "Small breed of horse" , "Animal; PS25" , "staked 25" .)

I've seen this clue in the Evening Standard, The Times, the Universal, The Independent, The Mirror, the USA Today, the Sydney Morning Herald, the Newsday, The Telegraph and The Guardian.

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