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Russian words конь and лошадь

In an episode of the series Anna the Detective a young lady who has been living abroad with her aristocratic Russian mother returns to Russia and goes into a stable with a groom who points out a horse to her. She refers to is as a конь and he corrects her using the word лошад. Since my dictionary gives both words with no indication of which is preferred I was wondering which is the more commonly used word. Is there a nuance of difference?

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