What is the difference between Stead and Steed?

What is the difference between Stead and Steed? :


Stead : (noun)

( 1 ) Instead of something / someone

I can not attend the meeting but I shall send my assistant in my stead.

In stead of moving into another rented house, we can purchase one for ourselves.



Steed : (noun)

( 1 ) Horse

This is my trusty steed.











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