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Policy
01
a set of ideas or a plan of action that has been chosen officially by a group of people, an organization, a political party, etc.
Grammatical Information
Animacy status
Abstract
Composition
Compound
Countable
Plural form
policies
Examples
The government introduced a new fiscal policy to stimulate economic growth.
02
a formal written document, contract, or certificate outlining the terms of insurance coverage
Examples
She received her car insurance policy in the mail.
