Enterprise shows hazard (7)
I believe the answer is:
venture
I believe this is a double definition.
'enterprise' is the first definition.
(I've seen this in another clue)
'hazard' is the second definition.
(I know that hazard can be written as venture)
'shows' acts as a link.
(Other definitions for venture that I've seen before include "Dare to put forward" , "Course of action involving danger or uncertainty" , "Undertake a risky course of action" , "Undertaking that involves risk" , "Enterprise involving risk" .)