old vs preceding

old is a noun but preceding is not a noun.

Word	Noun	Adjective	Verb	Adverb
old	Yes	Yes	No	No
preceding	No	Yes	No	No

old (noun)	preceding (noun)
past times

old (adjective)	preceding (adjective)
of long duration; not new	existing or coming before
(used especially of persons) having lived for a relatively long time or attained a specific age	of a person who has held and relinquished a position or office
skilled through long experience
(used for emphasis) very familiar
excellent
just preceding something else in time or order
belonging to some prior time