Is “Put” a Scrabble word?

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Yes
PUT
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 Put

/pʊt/

noun
  1. 1.A right to sell something at a predetermined price.

  2. 2.A contract to sell a security at a set price on or before a certain date.

    He bought a January '08 put for Procter and Gamble at 80 to hedge his bet.

  3. 3.The act of putting; an action; a movement; a thrust; a push.

    the put of a ball

verb
  1. 1.To place something somewhere.

    She put her books on the table.

  2. 2.To bring or set into a certain relation, state or condition.

    He is putting all his energy into this one task.

  3. 3.To exercise a put option.

    He got out of his Procter and Gamble bet by putting his shares at 80.