This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

• Lexulous
• Wordscraper
• Wordosaur

v. Present participle of dent.

"LONDON—U.K. industrial production suffered its biggest fall in 18 months in February, official data showed Wednesday, denting hopes the sector has made a strong contribution to economic growth in the first quarter."

deny   

allying    applying    belying    buying    complying    crying    decrying    defying    drying    dyeing