Is Penalize a Verb?

verb (used with object), pe·nal·ized, pe·nal·iz·ing. to subject to a penalty, as a person. to declare (an action, deed, etc.)

Is it penalize or penalized?

As verbs the difference between penalised and penalized

is that penalised is (penalise) while penalized is (penalize).

What is the noun of penalize?

penalty. A legal sentence. A punishment for violating rules of procedure. (finance) A payment forfeited for an early withdrawal from an account or an investment.