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Rabbit

Also known as a pacemaker; this is a horse with no expected chance of winning but is used to prompt a quick pace on the front end of the race to the benefit of a stablemate who is a closer.

Lasix

A medication for the treatment of bleeding in horses that is legal in North America, but not all worldwide jurisdictions.

Bullet

A bullet, or bullet workout, is a workout that was clocked as the best time for a certain distance on a given day.