Source : Webster's Revised Unabridged Dictionary (1913)

Partible \Part"i*ble\, a. [L. partibilis, fr. partire to part,
   divide, fr. L. pars: cf. F. partible. See {Part}.]
   Admitting of being parted; divisible; separable; susceptible
   of severance or partition; as, an estate of inheritance may
   be partible. ``Make the molds partible.'' --Bacon.

Source : WordNet®

partible
     adj : (of e.g. property) can be parted or divided; "a partible
           estate"