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Definition of policy

policy

/ˈpɑː.lə.si/
pol · i · cy
Plural:policies
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policy Lexical Profile

policy Game Scores & Validity

• noun

1

A course or principle of action adopted or proposed by a government, party, business, or individual.

Example

"The company recently updated its remote work policy to allow greater flexibility for employees."

2

A written contract or certificate of insurance guaranteeing compensation for specified loss, damage, illness, or death.

Example

"Please review your homeowner's insurance policy carefully to verify whether flood damage is covered."

3

Prudent, expedient, or advantageous conduct or management in practical affairs.

Example

"Speaking openly and truthfully with clients has always proved to be the best policy."

Synonyms
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Antonyms
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• Rhymes for policy

• Nearby Words

policeman
policewoman
policing
policy
policyholder
policymaker
policymaking

Word Origin & Etymology

The general governance sense comes from Old French policie ('civil administration'), via Late Latin from Ancient Greek politeia ('citizenship' or 'government'), derived from polis ('city'). The insurance sense entered English separately via Italian polizza ('written promise or receipt'), ultimately tracing back to Ancient Greek apodeixis ('proof' or 'declaration').

Cite this Entry

Wordmom. (2026). Definition of Policy. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/policy
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