Simple past tense and past participle of terrace.(verb)
Of, relating to, or being a terraced house.(adjective)
Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License
Use "terraced" in a sentence
"If the declivity is gentle, it can be drained by sodded, concave avenues; but if too steep for that, it must be benched or terraced, which is more expensive."
"The main building and the wings were built in the so-called terraced form; that is to say, the first row of apartments in the main building and in each wing on the court side were but one story high."
"The Chinese, however, have invented an ingenious kind of pathway called a "terraced" or "flying" road."