Is “Payslip” a Scrabble word?

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Yes
PAYSLIP
Valid in at least one Scrabble dictionary

Valid in these dictionaries

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

Meaning of Payslip

noun
  1. 1.A small document, included with an employee's wage or salary, giving details of money earned and tax and insurance paid.

Synonyms: pay advice, pay stub