Yes, spin is a Scrabble word!

Verb

1. Revolve quickly and repeatedly around one's own axis

2. Stream in jets, of liquids

3. Cause to spin

4. Make up a story

5. Form a web by making a thread

6. Work natural fibers into a thread

7. Twist and turn so as to give an intended interpretation

8. Prolong or extend

Noun

1. A swift whirling motion (usually of a missile)

2. The act of rotating rapidly

3. A short drive in a car

4. Rapid descent of an aircraft in a steep spiral

5. A distinctive interpretation (especially as used by politicians to sway public opinion)