The term "event illustrating hazard" refers to a situation that highlights the potential danger and risk associated with certain activities or conditions. Some synonyms for this term include "warning signal," "risk indicator," "danger sign," "alarm bell," and "red flag." These are all phrases that evoke a sense of caution and highlight the importance of being vigilant in potentially hazardous situations. Whether you are dealing with something as simple as a warning sign on a construction site or a more complex risk assessment for a major project, it is important to pay attention to the events and signals that indicate potential hazards. The use of such synonyms can help raise awareness and promote safer practices in a variety of settings.