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Meaning of POLICY

Pronunciation:  'pâlisee

WordNet Dictionary
  1. [n]  a plan of action adopted by an individual or social group; "it was a policy of retribution"; "a politician keeps changing his policies"
  2. [n]  written contract or certificate of insurance; "you should have read the small print on your policy"
  3. [n]  a line of argument rationalizing the course of action of a government; "they debated the policy or impolicy of the proposed legislation"

POLICY is a 6 letter word that starts with P.


 Synonyms: insurance, insurance policy
 See Also: activism, argumentation, containment, contract, economic policy, floater, floating policy, foreign policy, line, line of reasoning, logical argument, obscurantism, party line, plan of action, plank, social policy, Thatcherism, Zionism



Webster's 1913 Dictionary
  1. \Pol"i*cy\, n.; pl. {Policies}. [L. politia, Gr. ?; cf.
    F. police, Of. police. See {Police}, n.]
    1. Civil polity. [Obs.]
    2. The settled method by which the government and affairs of
       a nation are, or may be, administered; a system of public
       or official administration, as designed to promote the
       external or internal prosperity of a state.
    3. The method by which any institution is administered;
       system of management; course.
    4. Management or administration based on temporal or material
       interest, rather than on principles of equity or honor;
       hence, worldly wisdom; dexterity of management; cunning;
    5. Prudence or wisdom in the management of public and private
       affairs; wisdom; sagacity; wit.
             The very policy of a hostess, finding his purse so
             far above his clothes, did detect him. --Fuller.
    6. Motive; object; inducement. [Obs.]
             What policy have you to bestow a benefit where it is
             counted an injury?                    --Sir P.
    Syn: See {Polity}.
  2. \Pol"i*cy\, v. t. [imp. & p. p. {Policied}; p. pr. & vb.
    n. {Policying}.]
    To regulate by laws; to reduce to order. [Obs.] ``Policying
    of cities.'' --Bacon.
  3. \Pol"i*cy\, n. [F. police; cf. Pr. polissia, Sp.
    p['o]lizia, It. p['o]lizza; of uncertain origin; cf. L.
    pollex thumb (as being used in pressing the seal), in LL.
    also, seal; or cf. LL. politicum, poleticum, polecticum, L.
    polyptychum, account book, register, fr. Gr. ? having many
    folds or leaves; ? many + ? fold, leaf, from ? to fold; or
    cf. LL. apodixa a receipt.]
    1. A ticket or warrant for money in the public funds.
    2. The writing or instrument in which a contract of insurance
       is embodied; an instrument in writing containing the terms
       and conditions on which one party engages to indemnify
       another against loss arising from certain hazards, perils,
       or risks to which his person or property may be exposed.
       See {Insurance}.
    3. A method of gambling by betting as to what numbers will be
       drawn in a lottery; as, to play policy.
    {Interest policy}, a policy that shows by its form that the
       assured has a real, substantial interest in the matter
    {Open policy}, one in which the value of the goods or
       property insured is not mentioned.
    {Policy book}, a book to contain a record of insurance
    {Policy holder}, one to whom an insurance policy has been
    {Policy shop}, a gambling place where one may bet on the
       numbers which will be drawn in lotteries.
    {Valued policy}, one in which the value of the goods,
       property, or interest insured is specified.
    {Wager policy}, a policy that shows on the face of it that
       the contract it embodies is a pretended insurance, founded
       on an ideal risk, where the insured has no interest in
       anything insured.
Thesaurus Terms
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