Wood is related to Boat. Boat is related to Captain. Captain is related to Rank. Rank is similar to Offensive. 
Basketball is a type of Ball. Ball is a synonym of Nut. Peanut is derived from Nut. 
Wood <--RelatedTo--> Boat <--RelatedTo--> Captain <--RelatedTo--> Rank <--SimilarTo--> Offensive 
Basketball --IsA--> Ball <--Synonym--> Nut <--DerivedFrom-- Peanut 