To me, it's just a made-up word. A politician's word so that young fellas like yourself can wear a suit and a tie and have a job.
14 seconds sound clip from the The Shawshank Redemption movie soundboard.
You can hear this line at 02:06:43 in the Blu-ray version of the movie.
Quote context
[...]
- Your files say you've served 40 years of a life sentence.
- Do you feel you've been rehabilitated?
- Rehabilitated? Well, now, let me see? You know, I don't have any idea what that means.
- Well, it means you're ready to rejoin society.
- I know what you think it means, sonny.
- What do you really want to know? Am I sorry for what I did?
- There's not a day goes by I don't feel regret.
- Not because I'm in here or because you think I should.
- I look back on the way I was then. A young, stupid kid who committed that terrible crime.
[...]