Corrigible

1. a. Having power to correct; corrective.
2. a. Capable of being set right, amended, or reformed; as, a corrigible fault.
3. a. Submissive to correction; docile.
4. a. Deserving chastisement; punishable.

The word meanings were obtained from OPTED(The Online Plain Text English Dictionary), which is based on “The Project Gutenberg Etext of Webster’s Unabridged Dictionary” which is in turn based on the 1913 US Webster’s Unabridged Dictionary (See Project Gutenburg), as a text file.