penalization vs penalisation

penalization and penalisation both are nouns.

Word	Noun	Adjective	Verb	Adverb
penalization	Yes	No	No	No
penalisation	Yes	No	No	No

As nouns, penalization and penalisation are synonyms defined as:

penalization and penalisation: the act of punishing, or the infliction of a penalty

Other synonyms of penalization include penalty, punishment.

penalization (noun)	penalisation (noun)
the act of punishing, or the infliction of a penalty	the act of punishing, or the infliction of a penalty