hazard

/'hæzəd/
Noun
  1. an obstacle on a golf course
  2. an unknown and unpredictable phenomenon that causes an event to result one way rather than another
    • bad luck caused his downfall
    • we ran into each other by pure chance
  3. a source of danger; a possibility of incurring loss or misfortune
    • drinking alcohol is a health hazard
Verb
  1. take a risk in the hope of a favorable outcome
    • When you buy these stocks you are gambling
  2. put at risk
    • I will stake my good reputation for this
  3. put forward, of a guess, in spite of possible refutation
    • I am guessing that the price of real estate will rise again
    • I cannot pretend to say that you are wrong

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hazard
A wet floor sign warns of a hazard in the hallway.