Is “Capitalizing” a Scrabble word?

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Yes
CAPITALIZING
Valid in at least one Scrabble dictionary

Valid in these dictionaries

SOWPODS / CSW
Scrabble UK & International
Valid
TWL / NWL
Scrabble North America
Valid
Large English Dictionary
General English word list
Invalid

Meaning of Capitalizing

verb
  1. 1.In writing or editing, to write (something: either an entire word or text, or just the initial letter(s) thereof) in capital letters, in upper case.

    In German, all nouns are capitalized.

  2. 2.To contribute or acquire capital (money or other resources) for.

    Some states require proof that a new venture is properly capitalized before the state will issue a certificate of incorporation.

  3. 3.To convert into capital, i.e., to get cash or similar immediately fungible resources for some less fungible property or source of future income.

    If we obtain a loan using the business as collateral, the effect will be to capitalize our next ten years of income, giving us cash today that we can use to buy out our competitor.