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1

policy

play
noun, often attributive pol·i·cy \ˈpä-lə-sē\

Definition of policy

plural

policies

  1. 1 a :  prudence or wisdom in the management of affairs b :  management or procedure based primarily on material interest

  2. 2 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 and Etymology of policy

Middle English policie government, policy, from Middle French police, policie — more at police


First Known Use: 15th century


2

policy

noun pol·i·cy

Definition of policy

plural

policies

  1. 1 :  a writing whereby a contract of insurance is made

  2. 2 a :  a daily lottery in which participants bet that certain numbers will be drawn from a lottery wheel b :  number 7a



Origin and Etymology 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



POLICY Defined for Kids

1

policy

play
noun pol·i·cy \ˈpä-lə-sē\

Definition of policy for Students

plural

policies

  1. :  a set of guidelines or rules that determine a course of action <What is the store's return policy?>




2

policy

play
noun pol·i·cy

Definition of policy for Students

plural

policies

  1. :  a document that contains the agreement made by an insurance company with a person whose life or property is insured




Law Dictionary

1

policy

play
noun pol·i·cy \ˈpä-lə-sē\

Legal Definition of policy

plural

policies

  1. :  an overall plan, principle, or guideline; especially :  one formulated outside of the judiciary <obligated to consider legislative policy on the matter in their decision>




2

policy

noun pol·i·cy

Legal Definition of policy

plural

policies

  1. :  a contract of insurance; also :  the written instrument of such a contract





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