water chute vs slideway

water chute and slideway both are nouns.

Word	Noun	Adjective	Verb	Adverb
water chute	Yes	No	No	No
slideway	Yes	No	No	No

As nouns, slideway is a hypernym of water chute; that is, slideway is a word with a broader meaning than water chute:

water chute: chute with flowing water down which toboggans and inner tubes and people slide into a pool
slideway: sloping channel through which things can descend

Other hypernyms of water chute include chute, slide, sloping trough.

water chute (noun)	slideway (noun)
chute with flowing water down which toboggans and inner tubes and people slide into a pool	sloping channel through which things can descend