The Collaborative International Dictionary of English v.0.48:

Pace \Pace\ (p[=a]s), v. i. [imp. & p. p. Paced (p[=a]st); p.
   pr. & vb. n. Pacing (p[=a]"s[i^]ng).]
   1. To go; to walk; specifically, to move with regular or
      measured steps. "I paced on slowly." --Pope. "With speed
      so pace." --Shak.
      [1913 Webster]

   2. To proceed; to pass on. [Obs.]
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            Or [ere] that I further in this tale pace.
                                                  --Chaucer.
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   3. To move quickly by lifting the legs on the same side
      together, as a horse; to amble with rapidity; to rack.
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   4. To pass away; to die. [Obs.] --Chaucer.
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The Collaborative International Dictionary of English v.0.48:

Paced \Paced\, a.
   Having, or trained in, [such] a pace or gait; trained; --
   used in composition; as, slow-paced; a thorough-paced
   villain.
   [1913 Webster]