terraced house vs terrace

terraced house and terrace both are nouns.

Word	Noun	Adjective	Verb	Adverb
terraced house	Yes	No	No	No
terrace	Yes	No	Yes	No

terraced house (noun)	terrace (noun)
a house that is part of a terrace	usually paved outdoor area adjoining a residence
	a row of houses built in a similar style and having common dividing walls (or the street on which they face)
	a level shelf of land interrupting a declivity (with steep slopes above and below)

terraced house (verb)	terrace (verb)
	make into terraces as for cultivation
	provide (a house) with a terrace