gait vs prance

gait and prance both are nouns.

Word	Noun	Adjective	Verb	Adverb
gait	Yes	No	No	No
prance	Yes	No	Yes	No

As nouns, prance is a hyponym of gait; that is, prance is a word with a more specific, narrower meaning than gait:

gait (noun)	prance (noun)
a person's manner of walking	a proud stiff pompous gait
a horse's manner of moving
the rate of moving (especially walking or running)

gait (verb)	prance (verb)
	to walk with a lofty proud gait, often in an attempt to impress others
	ride a horse such that it springs and bounds forward
	cause (a horse) to bound spring forward
	spring forward on the hind legs