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The Collaborative International Dictionary
Armgaunt

Armgaunt \Arm"gaunt`\, a. With gaunt or slender legs. (?) ``An armgaunt steed.''
--Shak.

Note: This word is peculiar to Shakespeare. Its meaning has not yet been satisfactorily explained.

Wiktionary
armgaunt

a. (context nonce obsolete English) (non-gloss definition: Of uncertain meaning; perhaps describing gaunt or slender legs.)

Usage examples of "armgaunt".

Quixote comes, in battered mail, Armgaunt, with eyes of some keen haggard hawk Far from his eyrie.