Simple usage:
* The jacket is reversible, with a blue side and a green side.
* The decision was reversible, meaning they could change their mind.
With more context:
* The new policy is reversible in case it proves to be ineffective.
* The process is reversible, so you can easily undo any changes you make.
* The fabric is reversible, making it a versatile choice for different outfits.
Figurative usage:
* The situation is reversible, but only if we act quickly.
* The damage was reversible with a little time and effort.
You can use "reversible" to describe something that can be changed back to its original state or that has two or more possible states.