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English definition of “policy”

policy

noun [C]  /ˈpɑl·ɪ·si/ us  

policy noun [C] (PLAN)

a set of ideas or a plan for action followed by a business, a government, a political party, or a group of people: The White House said there will be no change in policy.

policy noun [C] (DOCUMENT)

a document showing an agreement you have made with an insurance company: a life-insurance policy
(Definition of policy from the Cambridge Academic Content Dictionary © Cambridge University Press)
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