Caparison

A caparison is a covering, or cloth, laid over a horse or other animal, especially a pack animal, or horse of state. In modern times, it is used mainly for decoration in parades and for historical reenactments. A similar term is horse-trapper.The word is of Spanish origin, being derived from an augmentative form of the Latin word caput, "head".

Read more about Caparison:  Horses, Domesticated and Temple Elephants of India