| 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. |
| 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). |