There are 2 definitions of policy in English:

policy1

Syllabification: pol·i·cy
Pronunciation: /ˈpäləsē
 
/

noun (plural policies)

1A course or principle of action adopted or proposed by a government, party, business, or individual: the administration’s controversial economic policies it is not company policy to dispense with our older workers
More example sentences
  • Its real failure was that it adopted the policies that you now propose for the SEP.
  • The Commissioners meet once a week to develop and adopt proposals on new policies and legislation.
  • As a whole this group has failed to propose an active policy for the working class.
Synonyms
plans, strategy, stratagem, approach, code, system, guidelines, theory; line, position, stance, attitudepractice, custom, idea, procedure, conduct, convention
1.1 archaic Prudent or expedient conduct or action: a course of policy and wisdom

Origin

late Middle English: from Old French policie 'civil administration', via Latin from Greek politeia 'citizenship', from politēs 'citizen', from polis 'city'.

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Word of the day setose
Pronunciation: ˈsiːtəʊs
adjective
bearing bristles or setae; bristly

There are 2 definitions of policy in English:

policy2

Syllabification: pol·i·cy
Pronunciation: /
 
ˈpäləsē/

noun (plural policies)

1A contract of insurance: they took out a joint policy
More example sentences
  • It must also be borne in mind that the insurer was aware of the terms of the dredging contract when the policy was issued.
  • If the driver was covered by a policy of insurance there would usually be no need for such an action.
  • You can buy policies from your mortgage provider, bank, and an insurance broker.
2An illegal lottery or numbers game.

Origin

mid 16th century: from French police 'bill of lading, contract of insurance', from Provençal poliss(i)a, probably from medieval Latin apodissa, apodixa, based on Greek apodeixis 'evidence, proof', from apodeiknunai 'demonstrate, show'.

Definition of policy in: