Is “Conditionality” a Scrabble word?

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Yes
CONDITIONALITY
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
Unavailable

Meaning of Conditionality

noun
  1. 1.A state of being subject to conditions.

  2. 2.A condition applied to the access of a government to credit facilities and other international financial assistance, especially from the IMF and the World Bank.