EX: 1. Our return policy says you have to return the jacket within 14 days of the date of purchase. 2. The new Covid policy says you have to be fully vaccinated to enter the country.
Merriam-Webster Online Dictionary
policy (noun)1.
a) prudence or wisdom in the management of affairs
b) management or procedure based primarily on material interest
2.
a) a definite course or method of action selected from among alternatives and in light of given conditions to guide and determine present and future decisions
b) a high-level overall plan embracing the general goals and acceptable procedures especially of a governmental body
1.
a writing whereby a contract of insurance is made
2.
a) a daily lottery in which participants bet that certain numbers will be drawn from a lottery wheel
b) - number
Synonyms:
rule, procedure, rules, procedures
