Sexy European Spooner said is a hazard in a way (7)

I believe the answer is:

pothole

I'm a little stuck... Click here to teach me more about this clue!

'hazard in a way' is the definition.
'pothole' can be an answer for 'hazard'. I'm not sure about the 'in a way' bit.

I can't explain the remainder of the clue.

Can you help me to learn more?

(Other definitions for pothole that I've seen before include "depression on the way!" , "Damage to road" , "Deep water-carved cave" , "One may descend into it" , "Small pit in road surface" .)

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