terminable

from WordNet (r) 3.0 (2006)
terminable
    adj 1: capable of being terminated after a designated time;
           "terminable employees"; "a terminable annuity"
    
from The Collaborative International Dictionary of English v.0.48
Terminable \Ter"mi*na*ble\ (-m[i^]n*[.a]*b'l), a. [See
   {Terminate}.]
   Capable of being terminated or bounded; limitable. --
   {Ter"mi*na*ble*ness}, n.
   [1913 Webster]

   {Terminable annuity}, an annuity for a stated, definite
      number of years; -- distinguished from {life annuity}, and
      {perpetual annuity}.
      [1913 Webster]
    

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