Yes, paint is a Scrabble word!

Verb

1. Make a painting

2. Apply paint to; coat with paint

3. Make a painting of

4. Apply a liquid to; e.g., paint the gutters with linseed oil

Noun

1. A substance used as a coating to protect or decorate a surface (especially a mixture of pigment suspended in a liquid); dries to form a hard coating

2. (basketball) a space (including the foul line) in front of the basket at each end of a basketball court; usually painted a different color from the rest of the court

3. Makeup consisting of a pink or red powder applied to the cheeks