Is “Repayment” a Scrabble word?

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Yes
REPAYMENT
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 Repayment

noun
  1. 1.The act of repaying.

  2. 2.The money or other resource that is repaid.