Europe vs Iceland

Europe and Iceland both are nouns.

Word	Noun	Adjective	Verb	Adverb
Europe	Yes	No	No	No
Iceland	Yes	No	No	No

Europe (noun)	Iceland (noun)
an international organization of European countries formed after World War II to reduce trade barriers and increase cooperation among its members	an island republic on the island of Iceland; became independent of Denmark in 1944
the nations of the European continent collectively	a volcanic island in the North Atlantic near the Arctic Circle
the 2nd smallest continent (actually a vast peninsula of Eurasia); the British use `Europe' to refer to all of the continent except the British Isles