What is the meaning of a horse statue with its legs raised in the air?

An equestrian statue is a statue of a rider mounted on a horse, from the Latin eques, meaning 'knight', deriving from equus, meaning 'horse'. A statue of a riderless horse is strictly an equine statue. A full-sized equestrian statue is a difficult and expensive object for any culture to produce, and figures have typically been portraits of rulers or, in the Renaissance and more recently, military commanders.

In many parts of the world, an urban legend states that if the horse is rearing (both front legs in the air), the rider died in battle; one front leg up means the rider was wounded in battle; and if all four hooves are on the ground, the rider died outside battle. A rider depicted as dismounted and standing next to their horse often indicates that both were killed during battle.