noun
drinking fountain; water fountain; watering hole
Refers to a public fixture for drinking water (for people) or a natural/artificial place where animals drink. The context makes the distinction clear.
公園の水飲み場で水を飲んだ。
I drank water at the drinking fountain in the park.
サバンナの水飲み場には多くの動物が集まる。
Many animals gather at the watering hole on the savanna.