Watson is a lunar crater that is located in the low southern latitudes on the far side. It lies to the southwest of the larger crater Lippmann and southeast of Fizeau. This is a worn crater formation with an outer edge that has been eroded to the point where it has lost much of its definition and now forms a rounded, uneven edge. A number of small craterlets lie along the edge and within the interior. (wikipedia entry)
A crater is a circular depression likely created by an impact event. On the Moon they are named after deceased scientists, polar explorers, astronauts or cosmonauts.