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1

policy

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noun pol·i·cy \ˈpä-lə-sē\

Definition of policy

plural pol·i·cies

  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 of policy

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


First Known Use: 15th century

Rhymes with policy


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 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

plural pol·i·cies

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




2

policy

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noun pol·i·cy

Definition of policy

plural pol·i·cies

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





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