sterling area vs scheduled territories

sterling area and scheduled territories both are nouns.

Word	Noun	Adjective	Verb	Adverb
sterling area	Yes	No	No	No
scheduled territories	Yes	No	No	No

As nouns, sterling area and scheduled territories are synonyms defined as:

sterling area and scheduled territories: the group of countries whose currencies are tied to the British pound sterling

Other synonyms of sterling area include sterling bloc.

sterling area (noun)	scheduled territories (noun)
the group of countries whose currencies are tied to the British pound sterling	the group of countries whose currencies are tied to the British pound sterling