- 1a course or principle of action adopted or proposed by an organization or individual
- 2a contract of insurance
Using policy: Examples
Take a moment to familiarize yourself with how "policy" can be used in various situations through the following examples!
The company has a strict policy against discrimination.
The new government is implementing a policy of economic reform.
She took out a policy to protect her car against theft and damage.
policy Synonyms and Antonyms
Idioms Using policy
The politician was accused of playing both sides of the fence on the issue of immigration policy.
Despite criticism from his colleagues, he stuck to his guns and refused to compromise on his policy proposal.
After months of planning, the company finally put their new marketing policy into practice.
Phrases with policy
The president's foreign policy has been widely criticized.
the process by which a government, central bank, or monetary authority manages the supply and availability of money in the economy
The Federal Reserve's monetary policy aims to maintain price stability and promote economic growth.
the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy
The government's fiscal policy is designed to stimulate economic growth and reduce unemployment.
Origins of policy
from Middle English 'police', from Old French 'police', from Latin 'politia' meaning 'citizenship, government'
Summary: policy in Brief
The term 'policy' [ˈpɑːləsi] refers to a course or principle of action adopted by an organization or individual. It can also refer to a contract of insurance. Examples include 'The company has a strict policy against discrimination.' and 'She took out a policy to protect her car against theft and damage.' Phrases like 'foreign policy,' 'monetary policy,' and 'fiscal policy' denote specific areas of policy-making. Idioms like 'play both sides of the fence' and 'stick to one's guns' describe political maneuvering and decision-making.