Is “Valorize” a Scrabble word?

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Yes
VALORIZE
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 Valorize

verb
  1. 1.To assess (something) as being valuable or admirable.

  2. 2.To fix the price of (something) at an artificially high level, usually by government action.