An organization's policy is a formal agreement or set of rules designed to handle specific situations consistently. It acts as an official guide outlining what actions are expected in particular circumstances. Policies help avoid confusion by providing clear instructions for decision-making.
1 - A principle of behaviour, conduct etc. thought to be desirable or necessary, especially as formally expressed by a government or other authoritative body.
2 - Wise or advantageous conduct; prudence, formerly also with connotations of craftiness.
3 - Specifically, political shrewdness or (formerly) cunning; statecraft.
1 - To regulate by laws; to reduce to order.
1 - A contract of insurance.
2 - A document containing or certifying this contract.
3 - An illegal daily lottery in late nineteenth and early twentieth century USA on numbers drawn from a lottery wheel (no plural)
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