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Policy Definition

Noun: policy pó-li-see

A plan of action adopted by an individual or social group
"it was a policy of retribution"; "a politician keeps changing his policies"
A line of argument rationalizing the course of action of a government
"they debated the policy or impolicy of the proposed legislation"
Written contract or certificate of insurance
"you should have read the small print on your policy";
- insurance policy, insurance