policy policy /ˈpɑːləsi/

noun

1. () A plan of action adopted by an individual or social group  ( policy )
   a plan of action adopted by an individual or social group
    It was a policy of retribution
   it was a policy of retribution
    A politician keeps changing his policies
   a politician keeps changing his policies
   
2. () A line of argument rationalizing the course of action of a government  ( policy )
   a line of argument rationalizing the course of action of a government
    They debated the policy or impolicy of the proposed legislation
   they debated the policy or impolicy of the proposed legislation
   
3. () Written contract or certificate of insurance  ( insurance policy , insurance , policy )
   written contract or certificate of insurance
    You should have read the small print on your policy
   you should have read the small print on your policy