Is “Trade” a Scrabble word?

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Yes
TRADE
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
Valid

Meaning of Trade

/tɹeɪd/

noun
  1. 1.Buying and selling of goods and services on a market.

  2. 2.A particular instance of buying or selling.

    I did no trades with them once the rumors started.

  3. 3.An instance of bartering items in exchange for one another.

Synonyms: barter, deal, business, commerce, craft, patronage

verb
  1. 1.To engage in trade.

    This company trades (in) precious metal.

  2. 2.To be traded at a certain price or under certain conditions.

    Apple is trading at $200.

  3. 3.To give (something) in exchange for.

    Will you trade your precious watch for my earring?

Synonyms: deal, do business, exchange, swap, switch, truck