po
li
cy
Plural
policies
1
a set of ideas or a plan of action that has been chosen officially by a group of people, an organization, a political party, etc.
- The government introduced a new fiscal policy to stimulate economic growth.
- The company implemented a strict no-smoking policy within its premises.
- The university enacted a diversity and inclusion policy to promote equity among students and faculty.
- The insurance company revised its policy to offer better coverage for natural disasters.
- The school district adopted a zero-tolerance policy for bullying.
2
a formal written document, contract, or certificate outlining the terms of insurance coverage
- She received her car insurance policy in the mail.
- The policy specifies the coverage limits for property damage.
- He renewed his health insurance policy online.
- The life insurance policy guarantees a payout to beneficiaries.
- Legal disputes arose over the terms of the policy.
Synonyms: