זאב = wolf (pronounced: ze-ev)
אדם = man (pronounced: a-dam)
אדם זאב = werewolf (pronounced: a-dam ze-ev, literally means: "man wolf")
מִזְדָּאֵב = a verb meaning "(he) becomes / is becoming a werewolf" (pronounced: miz-da-ev)
(see also my comment above)