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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.
02
written contract or certificate of insurance
Example
The company implemented a strict no-smoking policy within its premises.
The insurance company revised its policy to offer better coverage for natural disasters.
The university enacted a diversity and inclusion policy to promote equity among students and faculty.
The future president was already preparing policies for his upcoming term.
The government's policies fluctuated the economy.
