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Definition of policy noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
A policy is a set of ideas or plans that is used as a basis for making decisions, especially in politics, economics, or business. ...plans that include changes in foreign policy and economic reforms.
Policy most commonly refers to a rule or plan of action, especially an official one adopted and followed by a group, organization, or government.
POLICY definition: 1. a set of ideas or a plan of what to do in particular situations that has been agreed to…. Learn more.
What is “Policy”? Policy is a law, regulation, procedure, administrative action, incentive, or voluntary practice of governments and other institutions. Policy decisions are frequently reflected in resource allocations. Health can be influenced by policies in many different sectors.
A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an organization. Policies can assist in both subjective and objective decision making.
A plan or course of action, as of a government, political party, or business, intended to influence and determine decisions, actions, and other matters: American foreign policy; the company's personnel policy.
The meaning of POLICY is prudence or wisdom in the management of affairs. How to use policy in a sentence.
: an idea or belief that guides the way you live or behave [count] — usually singular I make it a policy not to lend my friends money. [=I don't lend my friends money] [noncount]