policy - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “policy”

See all translations

policy

noun [C]
 
 
/ˈpɒləsi/ ( 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.
→  See also closed-door policy , collective policy , credit policy , dear-money policy , domestic policy , easy monetary policy , endowment policy , fire policy , fiscal policy , foreign policy , household policy , incomes policy , monetary policy , mortgage protection policy , open-door policy , paid-up policy , scorched-earth policy , standard fire policy , survivorship policy , valued policy , with-profits , without profits
Translations of “policy”
in Arabic سياسة, خُطّة…
in Korean 정책…
in Malaysian dasar…
in French politique…
in Turkish siyaset, politika, tutum…
in Italian politica, strategia…
in Chinese (Traditional) 計劃, 政策,方針,策略…
in Russian политика, страховой полис…
in Polish polityka, polisa…
in Vietnamese chính sách…
in Spanish política…
in Portuguese política…
in Thai นโยบาย…
in German die Politik…
in Catalan política…
in Japanese 方針, 政策, ポリシー…
in Indonesian kebijaksanaan…
in Chinese (Simplified) 计划, 政策,方针,策略…
(Definition of policy from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of policy?
Add Cambridge dictionaries to your browser to your website

Definitions of “policy” in other dictionaries

Word of the Day

extra time

a period of time in a sports game in which play continues if neither team has won in the usual time allowed for the game

Word of the Day

She’s got very good posture. (How we stand and sit)

by Liz Walter,
May 27, 2015
Recently on this blog, we looked at the words that we use to describe the way we move. This week we’re looking at words for describing our bodies when they are still, whether we are standing or sitting. Since most of us do far too much of this, let’s start with sitting.

Read More 

ancestral health noun

May 25, 2015
diet based on the presumed diet of our Palaeolithic ancestors ‘Ancestral health,’ to use a term popular among Paleo followers, has gone mass.

Read More