policy
A plan of rules made by a group or person to decide what to do.
A set of principles or rules adopted by an organization, government, or individual to guide decisions and actions.
A plan of action made to reach certain goals.
A deliberate plan or strategy chosen to influence and determine decisions, especially in politics or business.
A paper that says what an insurance will pay for and how it works.
A written document detailing the terms and coverage of an insurance agreement.
- Base: policy
- Plural: policies, policy
open-door policy
1practice of free access or communication
A way of working where people can come and talk anytime.
- Our manager has an open-door policy for all employees.
- An open-door policy encourages better communication.
foreign policy
1government's plan for other countries
A country's plan for how it will act toward other countries.
- The president announced changes to foreign policy.
- The president announced a change in foreign policy.
- Foreign policy decisions can affect the economy.
- Foreign policy decisions affect international trade.
monetary policy
1Government control of money supply
Actions by a country's government or central bank to control the amount of money and interest rates.
- Monetary policy can influence inflation rates.
- The central bank uses monetary policy to control inflation.
- The central bank decided to tighten monetary policy.
- Changes in monetary policy can affect economic growth.
privacy policy
1statement on data handling practices
A document that says how a company will collect and use your personal information.
- The app's privacy policy explains how they use your data.
- Always read the privacy policy before agreeing.
privacy policy
2statement on data collection and use
A paper or web page that says how a company uses your personal information.
- You should read the website's privacy policy before signing up.
- The app updated its privacy policy last month.