Definition of “policy” - English Dictionary

“policy” in English

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policynoun [ C ]

uk /ˈpɒl.ə.si/ us /ˈpɑː.lə.si/

(Definition of “policy” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“policy” in American English

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policynoun [ C ]

us /ˈpɑl·ɪ·si/

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)

“policy” in Business English

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policynoun [ C ]

uk /ˈpɒləsi/ us plural policies

[ C or U ] GOVERNMENT, POLITICS, MANAGEMENT a set of ideas, or a plan of what to do in particular situations, that has been agreed officially by a group of people, a business organization, a government, or a political party:

The government has finally announced its policy on the regulation of the financial services industry.
The oil markets are affected by economic policy.
The company policy is that most workers should retire at 60.
formulate/develop/implement a policy The company has now implemented its policy of Quality Control.
change of policy This move represents a change of policy on the part of the Board.

[ C ] also insurance policy INSURANCE an agreement with an insurance company that it will provide insurance for you against particular risks, or the document showing this:

You should check your policy to see if you're covered for flood damage.
Make sure to keep your policy document in a safe place.

(Definition of “policy” from the Cambridge Business English Dictionary © Cambridge University Press)

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There is also a belief that the objective of a common policy on immigration should be enshrined in the proposed new treaty.
I have also just said that little progress has been made in the transport sector, and likewise in energy policy, in agricultural policy and in the field of public health.
Moreover, it was a safety policy.
First, our fisheries activity at international level, and in particular any agreements reached directly with third countries, must be made compatible with our development policy.
Secondly, the priorities of the budget for 2004 are well set out in the annual policy strategy document in terms of the three points that are made.
One thing that we can do to help those countries would be to look again at our common agricultural policy - looking to reform that.
If this policy produces results, it will open up new prospects not only for development but also for hopes of democracy.
The third reason cited is that the regulations governing the immigration of third-country workers is apparently a cornerstone of general immigration policy.
Responsibility therefore lies primarily on that level; it is also most clear-cut there and forms part of national policy with which the citizen can identify.
There thus does not need to be a huge contrast between the policy of damage limitation and the policy of drug prevention.