Source : Webster's Revised Unabridged Dictionary (1913)

Corrigible \Cor"ri*gi*ble\ (k?r"r?-j?-b'l), a. [LL. corribilis,
   fr. L. corrigere to correct: cf. F. corrigible. See
   {Correrct}.]
   1. Capable of being set right, amended, or reformed; as, a
      corrigible fault.

   2. Submissive to correction; docile. ``Bending down his
      corrigible neck.'' --Shak.

   3. Deserving chastisement; punishable. [Obs.]

            He was taken up very short, and adjudged corrigible
            for such presumptuous language.       --Howell.

   4. Having power to correct; corrective. [Obs.]

            The . . . .corrigible authority of this lies in our
            wills.                                --Shak.

Source : WordNet®

corrigible
     adj : capable of being corrected or set right; "a corrigible
           defect"; "a corrigible prisoner" [ant: {incorrigible}]