Yes, setting is a Scrabble word!

Verb

1. Put into a certain place or abstract location

2. Fix conclusively or authoritatively

3. Decide upon or fix definitely

4. Establish as the highest level or best performance

5. Put into a certain state; cause to be in a certain state

6. Fix in a border

7. Make ready or suitable or equip in advance for a particular purpose or for some use, event, etc

8. Set to a certain position or cause to operate correctly

9. Locate

10. Disappear beyond the horizon

11. Adapt for performance in a different way

12. Put or set (seeds, seedlings, or plants) into the ground

13. Apply or start

14. Become gelatinous

15. Set in type

16. Put into a position that will restore a normal state

17. Insert (a nail or screw below the surface, as into a countersink)

18. Give a fine, sharp edge to a knife or razor

19. Urge to attack someone

20. Estimate

21. Equip with sails or masts

22. Get ready for a particular purpose or event

23. Alter or regulate so as to achieve accuracy or conform to a standard

24. Bear fruit

25. Arrange attractively

Noun

1. The context and environment in which something is set

2. The state of the environment in which a situation exists

3. Arrangement of scenery and properties to represent the place where a play or movie is enacted

4. The set of facts or circumstances that surround a situation or event

5. The physical position of something

6. A table service for one person

7. A mounting consisting of a piece of metal (as in a ring or other jewelry) that holds a gem in place