Worthy of being coveted; desirable enough that people want to possess it.
From 'covet' (Old French 'coveitier,' from Latin 'cupiditas' meaning desire) plus the suffix '-able' (Old French 'able' from Latin 'habilis' meaning able or suitable). Creates an adjective meaning 'able to be coveted.'
The '-able' suffix is incredibly productive in English—you can slap it onto almost any verb and create an adjective meaning 'able to be verbed': drinkable, readable, questionable, laughable. It's been making new words for centuries!
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