IPA: /kənˈfɜːrəbl/
KK: /kənˈfɜrəbəl/
Able to be given or granted, especially in terms of rights, benefits, or honors.
The scholarship is conferrable to students who meet the eligibility criteria.
Conferrable → It is formed from "con-" (meaning together) and "ferre" (meaning to carry or bring). The word "conferrable" means something that can be brought together or contributed.
Think of bringing things 'together' ('con-') and 'carrying' them ('ferre') — that's why conferrable means something that can be contributed or brought together.