Policy ( noun , verb )

(As a noun)

Policy ( noun )

1. A course or principle of action adopted or proposed by an organization or individual.
2. A set of plans or action adopted by a government, party, business, or individual.
3. A contract of insurance.

Origin:

Early 17th century: from french politique (see politics), on the pattern of words such as diplomacy.

Examples:

1. The company has a policy of promoting from within.
2. The government's policy on immigration is controversial.
3. He has a life insurance policy.
4. The school has a strict policy on bullying.
5. The company has a return policy for their products.

(As a verb)

Policy ( verb )

1. A course or principle of action adopted or proposed by an organization or individual.
2. A set of plans or action adopted by a government, party, business, or individual.
3. A contract of insurance.

Origin:

Early 17th century: from french politique (see politics), on the pattern of words such as diplomacy.

Examples:

1. The company has a policy of promoting from within.
2. The government's policy on immigration is controversial.
3. He has a life insurance policy.
4. The school has a strict policy on bullying.
5. The company has a return policy for their products.