penalise vs penalty

penalise is not a noun while penalty is a noun.

Word	Noun	Adjective	Verb	Adverb
penalise	No	No	Yes	No
penalty	Yes	No	No	No

penalise (noun)	penalty (noun)
	the act of punishing, or the infliction of a penalty
	the disadvantage or painful consequences of an action or condition
	(games) a handicap or disadvantage that is imposed on a competitor (or a team) for an infraction of the rules of the game
	a payment required for not fulfilling a contract

penalise (verb)	penalty (verb)
impose a penalty on; inflict punishment on