A policy is a set of ideas or plans that is used as a basis for making decisions, especially in politics, economics, or business. ...plans that include changes in foreign policy and economic reforms.
The meaning of POLICY is prudence or wisdom in the management of affairs. How to use policy in a sentence.
What is “Policy”? Policy is a law, regulation, procedure, administrative action, incentive, or voluntary practice of governments and other institutions. Policy decisions are frequently reflected in resource allocations. Health can be influenced by policies in many different sectors.
POLICY definition: 1. a set of ideas or a plan of what to do in particular situations that has been agreed to…. Learn more.
Policy most commonly refers to a rule or plan of action, especially an official one adopted and followed by a group, organization, or government.
A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an organization. Policies can assist in both subjective and objective decision making.
A plan or course of action, as of a government, political party, or business, intended to influence and determine decisions, actions, and other matters: American foreign policy; the company's personnel policy.
POLICY Definition and Citations: The general principles by which a government is guided in its management of public affairs, or the legislature in its measures. This term, as applied to a law, ordinance, or rule of law, denotes its general purpose or tendency considered as directed to the POLICY