Policy

/ˈpɒl.ɪ.si/

Meaning & Definition

noun
A course or principle of action adopted or proposed by an organization or individual.
The company's policy on vacation days allows employees to take time off as needed.
A contract of insurance.
Make sure to review your health insurance policy to understand your coverage.
The overall plan or course of action taken by a government, organization, or individual.
The new environmental policy aims to reduce carbon emissions significantly over the next decade.
A statement of intent or principle, often guiding decisions in specific situations.
The school's policy against bullying is enforced with strict consequences.

Etymology

From Middle French 'policie', from Latin 'politia', meaning 'government'.

Common Phrases and Expressions

company policy:
A set of guidelines set by a company that employees are expected to follow.
foreign policy:
A government's strategy in dealing with other nations.
policy change:
An alteration to previously set rules or guidelines.
insurance policy:
A contract detailing the terms of insurance coverage.

Related Words

Slang Meanings

Policy wonk
He's such a policy wonk; he loves debating the intricacies of healthcare reform.
Follow the policy
When in doubt, just follow the policy—they won't steer you wrong.