hazard vs water hazard

hazard and water hazard both are nouns.

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

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

Other hyponyms of hazard include bunker, sand trap, trap.

hazard (noun)	water hazard (noun)
an obstacle on a golf course	hazard provided by ponds of water that the golfer must avoid
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)	water hazard (verb)
put forward, of a guess, in spite of possible refutation
take a risk in the hope of a favorable outcome
put at risk