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Pegasus

famous winged horse in Greek mythology, also the name of an ancient northern constellation, late 14c., Pegase, from Latin, from Greek Pēgasos, usually said to be from pēgē "fountain, spring; a well fed by a spring" (plural pēgai), especially in reference to the "springs of Ocean," near which Medusa was said to have been killed by Perseus (Pegasus sprang from her blood). But this may be folk etymology, and the ending of the word suggests non-Greek origin.

Advances since the 1990s in the study of the Luwians, neighbors of the Hittites in ancient Anatolia, show a notable convergence of the Greek name with Pihaššašši, the name of a Luwian weather-god: "the mythological figure of Pegasus carrying the lightning and thunderbolt of Zeus, ... is likely to represent an avatar of the Luwian Storm-God of Lightning ...." [Alice Mouton, et al., eds., "Luwian Identities," 2013]

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Definitions of Pegasus from WordNet

Pegasus (n.)
(Greek mythology) the immortal winged horse that sprang from the blood of the slain Medusa; was tamed by Bellerophon with the help of a bridle given him by Athena; as the flying horse of the Muses it is a symbol of highflying imagination;
Pegasus (n.)
a constellation in the northern hemisphere near Andromeda and Pisces;
From wordnet.princeton.edu