The Collaborative International Dictionary of English v.0.48:

Recoverable \Re*cov"er*a*ble\ (-?*b'l), a. [Cf. F. recouvrable.]
   Capable of being recovered or regained; capable of being
   brought back to a former condition, as from sickness,
   misfortune, etc.; obtainable from a debtor or possessor; as,
   the debt is recoverable; goods lost or sunk in the ocean are
   not recoverable.
   [1913 Webster]

         A prodigal course
         Is like the sun's; but not, like his, recoverable.
                                                  --Shak.
   [1913 Webster]

         If I am recoverable, why am I thus?      --Cowper.
   [1913 Webster] -- Re*cov"er*a*ble*ness, n.
   [1913 Webster]

WordNet (r) 3.0 (2006):

recoverable
    adj 1: capable of being recovered or regained; "recoverable
           truth of a past event" [ant: irrecoverable,
           unrecoverable]