Origin: Latin suffix -able
Deliverable has 4 different meanings across 2 categories:
something that can be provided as the product of development
"under this contract the deliverables include both software and hardware"
The tangible end product; that which will be delivered.
"The client was thrilled to receive their final deliverable, a fully functional mobile app ready for launch."
suitable for or ready for delivery
"The courier confirmed that the package is a deliverable item and can be shipped immediately to your address."
Able to be delivered.
"The new report is still a work in progress and not yet deliverable by Friday morning."