Saesneg: social impact bond

Rhan ymadrodd

Enw, Gwrywaidd, Unigol

Lluosog

bondiau effaith gymdeithasol

Diffiniad

A contract with the public sector in which a commitment is made to pay for improved social outcomes that result in public sector savings. The expected public sector savings are used as a basis for raising investment for prevention and early intervention services that improve social outcomes.