pol·i·cy

1 [pol-uh-see]
noun, plural pol·i·cies.
1.
a definite course of action adopted for the sake of expediency, facility, etc.: We have a new company policy.
2.
a course of action adopted and pursued by a government, ruler, political party, etc.: our nation's foreign policy.
3.
action or procedure conforming to or considered with reference to prudence or expediency: It was good policy to consent.
4.
sagacity; shrewdness: Showing great policy, he pitted his enemies against one another.
5.
Rare. government; polity.

Origin:
1350–1400; Middle English policie government, civil administration < Middle French < Latin polītīa polity


1. strategy, principle, rule. 4. acumen, astuteness, skill, art.


4. ingenuousness, naiveté.
00:10
Policy is always a great word to know.
So is bezoar. Does it mean:
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
Dictionary.com Unabridged

pol·i·cy

2 [pol-uh-see]
noun, plural pol·i·cies.
1.
a document embodying a contract of insurance.
2.
a method of gambling in which bets are made on numbers to be drawn by lottery.
3.
numbers pool ( def 2 ).

Origin:
1555–65; < Middle French police (< Italian polizza < Medieval Latin apodīxa receipt ≪ Greek apódeixis a showing or setting forth; see apodictic, -sis) + -y3

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To policy
Collins
World English Dictionary
policy1 (ˈpɒlɪsɪ) [Click for IPA pronunciation guide]
 
n , pl -cies
1.  a plan of action adopted or pursued by an individual, government, party, business, etc
2.  wisdom, prudence, shrewdness, or sagacity
3.  (Scot) (often plural) the improved grounds surrounding a country house
 
[C14: from Old French policie, from Latin polītīa administration, polity]

policy2 (ˈpɒlɪsɪ) [Click for IPA pronunciation guide]
 
n , pl -cies
a document containing a contract of insurance
 
[C16: from Old French police certificate, from Old Italian polizza, from Latin apodixis proof, from Greek apodeixis demonstration, proof]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History

policy
"way of management, government, administration," late 14c., from O.Fr. policie (14c.) "civil administration," from L. politia "the state," from Gk. politeia "state, administration, government, citizenship," from polites "citizen," from polis "city, state," from PIE *p(o)lH- "enclosed space, often on
high ground" (cf. Skt. pur, puram "city, citadel," Lith. pilis "fortress"). Meaning "plan of action, way of management" first recorded c.1406.

policy
"written insurance agreement," 1565, from M.Fr. police "contract, bill of lading" (1371), from It. polizza "written evidence of a transaction," from M.L. apodissa "receipt for money," from Gk. apodexis "proof, declaration," from apo- "off" + deiknynia "to show," cognate with L. dicere "to tell" (see
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
But what about your digital gear? Your homeowner's or rental policy offers some
  protection.
Her work includes a unique blending of technology and policy in the field of
  energy systems research.
What the country's web restrictions mean for its foreign policy.
Second, a tightening of fiscal policy must be offset by a loosening of monetary
  policy.
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