ocean
Rainbow.
Razor
ELEVATOR
The anagram is the word "calendar."
They spell "piracy" - infringement of a copyright; to copy something illegally (e.g. bootleg movies)
The letters spell TRAVEL.
Those letters can be used to spell "hallucinations".
Those letters will spell teamwork or workmate.
The letters CANIEPT spell Picante.
Those letters spell kingfisher.
Those letters can be used to spell "pitcher".
The letters ETARSCE spell "a secret" (or the word "creates").