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From: Webster's Revised Unabridged Dictionary (1913)

 Haz·ard n.
 1. A game of chance played with dice.
 2. The uncertain result of throwing a die; hence, a fortuitous event; chance; accident; casualty.
    I will stand the hazard of the die.   --Shak.
 3. Risk; danger; peril; as, he encountered the enemy at the hazard of his reputation and life.
    Men are led on from one stage of life to another in a condition of the utmost hazard.   --Rogers.
 4. Billiards Holing a ball, whether the object ball (winning hazard) or the player's ball (losing hazard).
 5. Anything that is hazarded or risked, as the stakes in gaming. “Your latter hazard.”
 6. Golf Any place into which the ball may not be safely played, such as bunkers, furze, water, sand, or other kind of bad ground.
 Hazard table, a table on which hazard is played, or any game of chance for stakes.
 To run the hazard, to take the chance or risk.
 to hazard, at risk; liable to suffer damage or loss.
 Syn: -- Danger; risk; chance. See Danger.