Definition of Policy
Policy
pol·i·cy
Definition/Meaning
(noun)
a set of official rules, procedures or courses of action created by an individual, group or entity;
e.g. I had thirty days to return these shorts that don't fit, as per the store's return policy.
(noun)
a set course of actions instituted as the result of some situation or occurrence;
e.g. It is good policy to verbally consent.
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