Define: Policy

Policy
Policy
Quick Summary of Policy

A guideline or plan that directs the actions taken in a company. Policies can be very specific within a single organisation, or can be global rules that are followed by all companies.

What is the dictionary definition of Policy?
Dictionary Definition of Policy
  • The art of governance; political science.
  • A state; a polity.
  • A set political system; civil administration.
  • A trick; a stratagem.
  • A principle of behaviour, conduct etc. thought to be desirable or necessary, especially as formally expressed by a government or other authoritative body.
  • Wise or advantageous conduct; prudence, formerly also with connotations of craftiness.
  • Specifically, political shrewdness or (formerly) cunning; statecraft.
  • The grounds of a large country house.
  • Motive; object; inducement.
  • To regulate by laws; to reduce to order.
  • obsolete The art of governance; political science.
  • obsolete A state; a polity.
  • obsolete A set political system; civil administration.
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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

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