Yes, place is a Scrabble word!

Verb

1. Put into a certain place or abstract location

2. Place somebody in a particular situation or location

3. Assign a rank or rating to

4. Assign a location to

5. To arrange for

6. Take a place in a competition; often followed by an ordinal

7. Intend (something) to move towards a certain goal

8. Recognize as being; establish the identity of someone or something

9. Assign to (a job or a home)

10. Locate

11. Estimate

12. Identify the location or place of

13. Make an investment

14. Assign to a station

15. Finish second or better in a horse or dog race

16. Sing a note with the correct pitch

Noun

1. A point located with respect to surface features of some region

2. Any area set aside for a particular purpose

3. An abstract mental location

4. A general vicinity

5. The post or function properly or customarily occupied or served by another

6. A particular situation

7. Where you live at a particular time

8. A job in an organization

9. The particular portion of space occupied by something

10. Proper or designated social situation

11. A space reserved for sitting (as in a theater or on a train or airplane)

12. The passage that is being read

13. Proper or appropriate position or location

14. A public square with room for pedestrians

15. An item on a list or in a sequence

16. A blank area