Definitions for "Lateral hazard"
(also "lateral water hazard") a water hazard (whether filled with water or not) which is generally adjacent to, or to one side or another of, the line of play (usually marked with red stakes or lines) Example: A lateral hazard/lateral water hazard has some additional options under the rules of golf.
A hazard that runs adjacent to the line of play.
Any hazard running parallel to the line of play