Because intelligence is highly correlated with its abilities but stronger with some of them. Reasoning specifically has a very strong relationship with intelligence and is therefore highly predictive.
In other words, if you know the reasoning score of a person, you can predict the global IQ pretty well. Of course, the intelligence assessment will be far more limited and will not give valuable information about the ability level in other areas which might be important in different life circumstances.
Yes, when someone talks in general about IQ, they usually refer to the measurement of global intelligence. Some intelligence tests call it Global IQ or Full Scale IQ, which is a computation of the subscales IQs that test different intelligence abilities.
But since each ability can be measured independently, their measurements can also be called ability IQs, like for example Verbal IQ. Since IQ is always a metric that tells the relative position of an individual in comparison to a group, it can be used for any ability.
Some confusion is created by the fact that some tests measure only the Reasoning IQ to predict the Global IQ.