Yes, pallet is a Scrabble word!

Noun

1. The range of colour characteristic of a particular artist or painting or school of art

2. A portable platform for storing or moving goods that are stacked on it

3. A hand tool with a flat blade used by potters for mixing and shaping clay

4. A mattress filled with straw or a pad made of quilts; used as a bed

5. Board that provides a flat surface on which artists mix paints and the range of colors used