Definitions of policy:

  • noun:   a plan of action adopted by an individual or social group
    Example: "It was a policy of retribution"
  • noun:   written contract or certificate of insurance
    Example: "You should have read the small print on your policy"
  • noun:   a line of argument rationalizing the course of action of a government
    Example: "They debated the policy or impolicy of the proposed legislation"