Entry 1 sense Webster, 1913 Leviable /(lĕv"ĭ*ȧ*b'l)/ · Lev·i·a·ble · IPA 01 a. Fit to be levied; capable of being assessed and collected; as, sums leviable by course of law. 1. Fit to be levied; capable of being assessed and collected; as, sums leviable by course of law.