Item is related to Watch. Watch is related to Machine. Machine can be used for Dump. Dump is a synonym of Plunge. 
University is a type of Establishment. University is related to Degree. Degree is related to Achievement. 
Item <--RelatedTo--> Watch <--RelatedTo--> Machine --UsedFor--> Dump <--Synonym--> Plunge 
Establishment <--IsA-- University <--RelatedTo--> Degree <--RelatedTo--> Achievement 