Painting
Drawing, Picture
noun
The kanji and the word are exactly the same. That means they share meanings as well.
The reading is the same as the one you learned with the kanji.
これは有名なピカソの絵です。
This is a famous Picasso painting.
私は休日に道で絵をかいてます。
I paint pictures in the street on my days off.
家に絵が一つもないなんて、あなたはシリアルキラーか何かですか？
To not have a single picture in your house, are you like a serial killer or something?