"terrace" in the noun sense
1. patio, terrace
usually paved outdoor area adjoining a residence
2. terrace, bench
a level shelf of land interrupting a declivity (with steep slopes above and below)
3. terrace
a row of houses built in a similar style and having common dividing walls (or the street on which they face
"Grosvenor Terrace"
"terrace" in the verb sense
1. terrace, terrasse
provide (a house) with a terrace
"We terrassed the country house"
2. terrace
make into terraces as for cultivation
"The Incas terraced their mountainous land"
Source: WordNet® (An amazing lexical database of English)
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