recoverable /ɹɪˈkʌvɚəb(ə)l/adjective 4noun 1forms 1 adjective4 •Capable of being regained or recovered. •Obtainable from a debtor or possessor. •Restorable from sickness, faintness, danger, etc. •Capable of being brought back to a former condition, or recovered from. noun1 •Amounts of reinsurance coverage that are due from a reinsurer. formsrecoverables