noun, often attributive \ˈpä-lə-sē\
plural pol·i·cies

Definition of POLICY

a :  prudence or wisdom in the management of affairs
b :  management or procedure based primarily on material interest
a :  a definite course or method of action selected from among alternatives and in light of given conditions to guide and determine present and future decisions
b :  a high-level overall plan embracing the general goals and acceptable procedures especially of a governmental body

Origin of POLICY

Middle English policie government, policy, from Middle French police, policie — more at police
First Known Use: 15th century

Rhymes with POLICY


plural policies

Definition of POLICY

:  a writing whereby a contract of insurance is made
a :  a daily lottery in which participants bet that certain numbers will be drawn from a lottery wheel
b :  number 7a

Origin of POLICY

alteration of earlier police, from Middle French, certificate, from Old Italian polizza, modification of Medieval Latin apodixa receipt, from Middle Greek apodeixis, from Greek, proof, from apodeiknynai to demonstrate — more at apodictic
First Known Use: 1565


Next Word in the Dictionary: policyholder
Previous Word in the Dictionary: policize
All Words Near: policy

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