Definitions of pallet:

noun: a mattress filled with straw or a pad made of quilts; used as a bed
noun: a hand tool with a flat blade used by potters for mixing and shaping clay
noun: a portable platform for storing or moving goods that are stacked on it
noun: board that provides a flat surface on which artists mix paints and the range of colors used
noun: the range of colour characteristic of a particular artist or painting or school of art
name: A surname (very rare: popularity rank in the U.S.: #61351)