Answer:
Horses are often exercised by someone having them on a rein - holding the reins...
To ring, in falconry, is a way of gaining height by soaring in tight circles; the man controlling the horse stands in the center of the corral with his whip and rein as the horse trots around him. The falcon rises in the sky in spiral and then breaks off, and is able to use the momentum of his spiral.
Explanation: