hazard vs prognosticate

hazard is a noun but prognosticate is not a noun.

Word	Noun	Adjective	Verb	Adverb
hazard	Yes	No	Yes	No
prognosticate	No	No	Yes	No

As verbs, prognosticate is a hyponym of hazard; that is, prognosticate is a word with a more specific, narrower meaning than hazard:

Other hyponyms of hazard include anticipate, call, forebode, foretell, predict, promise, surmise, suspect.

hazard (noun)	prognosticate (noun)
an obstacle on a golf course
an unknown and unpredictable phenomenon that causes an event to result one way rather than another
a source of danger; a possibility of incurring loss or misfortune

hazard (verb)	prognosticate (verb)
put forward, of a guess, in spite of possible refutation	make a prediction about; tell in advance
take a risk in the hope of a favorable outcome	indicate, as with a sign or an omen
put at risk