The Collaborative International Dictionary of English v.0.48:

Hazard \Haz"ard\ (h[a^]z"[~e]rd), n. [F. hasard, Sp. azar an
   unforeseen disaster or accident, an unfortunate card or throw
   at dice, prob. fr. Ar. zahr, z[=a]r, a die, which, with the
   article al the, would give azzahr, azz[=a]r.]
   1. A game of chance played with dice. --Chaucer.
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   2. The uncertain result of throwing a die; hence, a
      fortuitous event; chance; accident; casualty.
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            I will stand the hazard of the die.   --Shak.
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   3. Risk; danger; peril; as, he encountered the enemy at the
      hazard of his reputation and life.
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            Men are led on from one stage of life to another in
            a condition of the utmost hazard.     --Rogers.
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   4. (Billiards) Holing a ball, whether the object ball
      (winning hazard) or the player's ball (losing hazard).
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   5. Anything that is hazarded or risked, as the stakes in
      gaming. "Your latter hazard." --Shak.
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   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.
      [Webster 1913 Suppl.]

   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.
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