Yes, capital is in the scrabble dictionary

...and is worth 14 points by itself.

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Capital Definition

noun

A capital letter.
from The American Heritage Dictionary of the English Language, 4th Edition
A city that is the center of a specific activity or industry: the financial capital of the world.
from The American Heritage Dictionary of the English Language, 4th Edition
A town or city that is the official seat of government in a political entity, such as a state or nation.
from The American Heritage Dictionary of the English Language, 4th Edition
Accounting The remaining assets of a business after all liabilities have been deducted; net worth.
from The American Heritage Dictionary of the English Language, 4th Edition
An asset or advantage: "profited from political capital accumulated by others” ( Michael Mandelbaum).
from The American Heritage Dictionary of the English Language, 4th Edition

adjective

Extremely serious: a capital blunder.
from The American Heritage Dictionary of the English Language, 4th Edition
First and foremost; principal: a decision of capital importance.
from The American Heritage Dictionary of the English Language, 4th Edition
First-rate; excellent: a capital idea.
from The American Heritage Dictionary of the English Language, 4th Edition
Involving death or calling for the death penalty: a capital offense.
from The American Heritage Dictionary of the English Language, 4th Edition
Of or relating to financial assets, especially being or related to those financial assets that add to the net worth of a business: made capital improvements at the plant site.
from The American Heritage Dictionary of the English Language, 4th Edition

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Top Words by points

Points

capital

11

2 letter words with CAPITAL

Points

ai

2

pi

4

pa

4

aa

2

li

2

la

2

it

2

ta

2

ti

2

al

2

at

2

3 letter words with CAPITAL

Points

alt

3

pit

5

pic

7

pia

5

pat

5

pal

5

pac

7

lit

3

lip

5

lat

3

lap

5

lac

5

aal

3

act

5

ait

3

ala

3

tap

5

tic

5

til

3

tip

5

cat

5

cap

7

ail

3

alp

5

apt

5

4 letter words with CAPITAL

Points

pali

6

pial

6

pica

8

tapa

6

tali

4

talc

6

tala

4

laic

6

tail

4

pita

6

plat

6

pact

8

paca

8

lipa

6

lati

4

pail

6

acai

6

acta

6

alit

4

atap

6

clap

8

clip

8

5 letter words with CAPITAL

Points

tical

7

clapt

9

clipt

9

plica

9

plait

7

pical

9

6 letter words with CAPITAL

Points

apical

10

capita

10

7 letter words with CAPITAL

Points

capital

11

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