policy
US /ˈpɑː.lə.si/
UK /ˈpɑː.lə.si/
1.
a course or principle of action adopted or proposed by a government, party, business, or individual
:
•
The company has a strict policy against harassment.
•
Government policy aims to reduce unemployment.
2.
a document detailing a contract of insurance
:
•
I need to review my car insurance policy.
•
The life insurance policy will provide for his family.