Definitions

1. noun

A set of principles or course of action taken by a government, organization, or individual to achieve a particular goal or objective.

“The company’s policy of hiring based on merit has led to a more diverse workforce.”

2. noun

A plan or procedure agreed upon by a group of people, such as a healthcare policy or a travel policy.

“The new policy for employee benefits will be implemented next quarter.”

3. noun

A statement of the intentions and principles of a person or organization, especially in relation to a particular issue.

“The company’s policy on environmental sustainability is to reduce its carbon footprint.”

4. verb

To make a decision or take action based on a particular policy or principle.

“The government has decided to policy a new tax on sugary drinks.”

5. verb

To make a plan or procedure for something, such as a healthcare policy or a travel policy.

“The company will policy its new employee benefits package next month.”

6. adjective

Related to or concerned with the formulation or implementation of policies.

“The policy expert was called in to advise the government on its economic strategy.”