Dictionary
pol•i•cy
Pronunciation: (pol'u-sē), [key]—
n.,
—pl. -cies.
1. a definite course of action adopted for the sake of expediency, facility, etc.:
We have a new company policy.
2. a course of action adopted and pursued by a government, ruler, political party, etc.:
our nation's foreign policy.
3. action or procedure conforming to or considered with reference to prudence or expediency:
It was good policy to consent.
4. sagacity; shrewdness:
Showing great policy, he pitted his enemies against one another.
5. Rare.government; polity.
pol•i•cy
Pronunciation: (pol'u-sē), [key]—
n.,
—pl. -cies.
1. a document embodying a contract of insurance.
2. a method of gambling in which bets are made on numbers to be drawn by lottery.
3. See
numbers pool (def. 2).
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.