policy year

noun

Definition of policy year

1 : a period comprising the 12 months extending usually from noon of a given date to noon of the same date one year thereafter
2 : a period of 24 months within which all the one-year policies written during the first 12 months thereof will have matured and the losses have become known used in certain types of insurance accounting

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Learn More About policy year

Dictionary Entries Near policy year

policy wheel

policy year

Poligar

See More Nearby Entries 

Statistics for policy year

Cite this Entry

“Policy year.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/policy%20year. Accessed 6 Dec. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Farm Idioms Quiz

  • cow coming home
  • What does 'poke' refer to in the expression 'pig in a poke'?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!