Here are some examples:
* Labhyamulla oru book (ലഭ്യമുള്ള ഒരു പുസ്തകം) - An available book
* Labhyamulla samayam (ലഭ്യമുള്ള സമയം) - Available time
* Labhyamalla samayam (ലഭ്യമല്ലാത്ത സമയം) - Unavailable time
The word labhyam implies something that can be readily acquired or accessed.