RELAPSE RATE

The rate of re-offending or re-conviction in a target group. The relapse rate is of special significance in social impact bonds (SIBs), which seek to achieve better social outcomes and pass on a significant part of the savings made to investors. The relapse rate may be applicable in referring to social impact bonds in areas such as criminal justice or drug rehabilitation, but may not be wholly accurate when referring to SIBs in other areas such as child protection or adolescent intervention.