A course or principle of action adopted or proposed by an organization or individual. The company's policy on remote work has been updated to allow more flexibility.
She reviewed her car insurance policy to ensure it covered all potential damages.
An illegal numbers lottery that was popular in the United States in the late 19th and early 20th centuries. He was arrested for collecting bets for the neighborhood policy racket.
Prudent or shrewd conduct; sagacity or cunning; diplomacy. (archaic) The diplomat handled the negotiations with great policy.