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Adjective: corrigible  kor-u-ju-bul or kór-i-ju-bul [N. Amer], kó-ri-ju-bul [Brit]
  1. Capable of being corrected or set right
    "a corrigible defect"; "a corrigible prisoner"

See also: amendable, correctable, improvable, redeemable, reformable

Antonym: incorrigible