policy

word

/ˈpɑɫəsi/
PAH-luh-see
/pˈɒlɪsi/
PO-li-see

Definition

A policy is an official plan, rule, or course of action used by a government, company, or other organization. It can also mean a document that states the details of an insurance agreement.

Usage & Nuances

Most often used for rules or official decisions: 'company policy', 'government policy', 'school policy'. For insurance, learners often hear 'insurance policy'. Don't confuse it with 'politics': 'policy' is a specific rule or plan, while 'politics' is the activity or system of government.

Example Sentences

Our school has a strict phone policy.

basic

The company changed its vacation policy last year.

basic

I need to read my car insurance policy.

basic

I'm sorry, but that's store policy—I can't give a refund without a receipt.

natural

The new hiring policy is supposed to make the process fairer.

natural

Before you cancel the policy, check what fees they charge.

natural