Yes, folds is a Scrabble word!

Verb

1. Bend or lay so that one part covers the other

2. Incorporate a food ingredient into a mixture by repeatedly turning it over without stirring or beating

3. Cease to operate or cause to cease operating

4. Confine in a fold, like sheep

5. Become folded or folded up

Noun

1. An angular or rounded shape made by folding

2. A group of people who adhere to a common faith and habitually attend a given church

3. A geological process that causes a bend in a stratum of rock

4. A group of sheep or goats

5. A folded part (as in skin or muscle)

6. A pen for sheep

7. The act of folding