Policy
/ˈpɒlɪsi/
Definitions
- (n.) A deliberate plan of action adopted by an organization or individual intended to influence and determine decisions and actions.
The company adopted a new privacy policy to protect user data.
- (n.) A document serving as evidence of an insurance contract between the insurer and the insured.
She reviewed the terms of her insurance policy before renewing.
Forms
- policies
Related terms
See also
Commentary
In legal drafting, distinguish clearly between policy as a guiding principle versus a physical document like an insurance policy to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.