Nouns:
* High-way: A public road for vehicles.
* By-way: A minor road, typically not a main road.
* Cross-way: A place where roads cross.
* Way-station: A place where travelers can rest or change vehicles.
* Wayfarer: A person who travels, especially on foot.
* Waybill: A document listing the goods being transported.
* Wayside: The edge of a road or path.
* Wayward: A person who is difficult to control or predict.
* Way-out: A very unusual or unconventional thing or place.
* Right-of-way: The legal right to use a particular route.
* Underway: The state of being in progress.
Adjectives:
* Underway: In progress.
* Underway: In progress.
* Right-away: Immediately.
Verbs:
* Waylay: To stop or attack someone unexpectedly.
Phrases:
* By the way: Incidentally.
* All the way: The entire distance or length of time.
* On the way: Traveling to a destination.
Other:
* Way off: Far from being correct.
* Way back: A long time ago.
* Way down: Very low.
* Way up: Very high.
This is not an exhaustive list, but it provides a good starting point for exploring compound words with "way."