policy

[ˈpɑːləsi]

policy Definition

• 1. a course or principle of action adopted or proposed by an organization or individual
• 2. a 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!

• Example

  The company has a strict policy against discrimination.

• Example

  The new government is implementing a policy of economic reform.

• Example

  She took out a policy to protect her car against theft and damage.

policy Synonyms and Antonyms

Synonyms for policy

• plan
• strategy
• approach
• program
• method

Antonyms for policy

• improvisation
• spontaneity

Idioms Using policy

• play both sides of the fence

  to support or show favor to two opposing sides or viewpoints

  Example

  The politician was accused of playing both sides of the fence on the issue of immigration policy.

• stick to one's guns

  to remain firm and resolute in one's beliefs or decisions

  Example

  Despite criticism from his colleagues, he stuck to his guns and refused to compromise on his policy proposal.

• put something into practice

  to implement or carry out a plan or policy

  Example

  After months of planning, the company finally put their new marketing policy into practice.

Phrases with policy

• foreign policy

  a government's strategy in dealing with other nations

  Example

  The president's foreign policy has been widely criticized.

• monetary policy

  the process by which a government, central bank, or monetary authority manages the supply and availability of money in the economy

  Example

  The Federal Reserve's monetary policy aims to maintain price stability and promote economic growth.

• fiscal policy

  the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy

  Example

  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'

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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.