The CN group takes priority over the OH group, hence you use hydroxyl- as opposed as -ol. That's just the IUPAC rules I guess.
[Edit: This is because as the CN is the priority, it goes on the end of the name as the suffix (i.e: -nitrile is used on the end to show the CN group.]
Yes, it does have an alcohol functional group. I think it's naming conventions. Normally the "most important" functional group is named last, and in this case it is the -CN group. Also might be that since alcohols can also have the prefix "hydroxy-" as well as the "-ol" suffix it works. Maybe the -CN group doesnt have a prefix version so it is left as a "-nitrile"
Yes, it does have an alcohol functional group. I think it's naming conventions. Normally the "most important" functional group is named last, and in this case it is the -CN group. Also might be that since alcohols can also have the prefix "hydroxy-" as well as the "-ol" suffix it works. Maybe the -CN group doesnt have a prefix version so it is left as a "-nitrile"
The prefix for CN is cyano- I believe. But you're right about the functional groups.