spendable

From Middle English spendable; equivalent to spend +‎ -able.

spendable (comparative more spendable, superlative most spendable)

1. Capable of being spent.

   Even though there is a lot of money in the treasury, some of it has to be kept for next year, so only part of it is spendable.

   • 1969, Maya Angelou, chapter 28, in I Know Why the Caged Bird Sings‎, New York: Bantam, published 1971, page 183:

     He had told me once that “all knowledge is spendable currency, depending on the market.”