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policy meaning

[ 'pɔlisi ] Pronunciation:   "policy" in a sentence
  • Noun: policy  pólisee
    1. A plan of action adopted by an individual or social group
      "it was a policy of retribution"; "a politician keeps changing his policies" 
    2. A line of argument rationalizing the course of action of a government
      "they debated the policy or impolicy of the proposed legislation" 
    3. Written contract or certificate of insurance
      "you should have read the small print on your policy"
      - insurance policy, insurance

    Derived forms: policies

    Type of: argument, argumentation, contract, line, line of reasoning, logical argument, plan of action

    Encyclopedia: Policy


  • [Business]
    AmE / noun (plural policies)

    CLOSED-DOOR POLICY, CREDIT POLICY, DEAR MONEY POLICY, EASY MONETARY POLICY, FISCAL POLICY, INCOMES POLICY, INSURANCE POLICY, MONETARY POLICY, OPEN-DOOR POLICY, PAID-UP POLICY, SCORCHED-EARTH POLICY, TIGHT MONEY POLICY, VALUED POLICY

    1 [C,U]

    a plan of action agreed or chosen by a business, an organization or a political party:

    The company has adopted a firm policy on shoplifting.

    We have to wear jeans on Fridays-it's company policy.

    the group's accounting policies

    Only senior management can take policy decisions.

    The country's poor economic performance may lead to a change in policy.

    ❖ to adopt/implement/introduce/pursue a policy

    ◆ to abandon/change/develop/discuss (a) policy

    economic/tax policy

    2 (Insurance ) [C]

    a written statement of a contract of insurance:

    Check the terms of the policy before you sign.


  • [Economics]
    See insurance policy

  • [Finance]
    Way in which an investor seeks to assess an appropriate long-term "normal" mix of assets that represents an ideal blend of controlled risk and enhanced return.

  • [Medicine]
    A course or method of action selected,usually by a government,from among alternatives to guide and determine present and future decisions.

Examples

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  1. he pursued an active ecclesiastical policy.
  2. he lashed out at the opposition 's policies.
  3. this is a policy we have pursued consistently.
  4. grassroots opposite to the party 's policy.
  5. her policies were divisive and reactionary.

Related Words

  1. policeman bird meaning
  2. policewoman meaning
  3. policies meaning
  4. policing meaning
  5. policlinic meaning
  6. policy analyses meaning
  7. policy analysis meaning
  8. policy change meaning
  9. policy co-ordination meaning
  10. policy compliance meaning
PC Version