Yes, gerund is a Scrabble word!
...and is worth 8 points in Scrabble, and 11 points in Words with Friends
gerund
Noun
1. A noun formed from a verb (such as the `-ing' form of an English verb when used as a noun)
What Scrabble words can I make with the letters in gerund?
6 Letter Words
5 Letter Words
4 Letter Words
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3 Letter Words
2 Letter Words