1. variable noun A policy is a set of ideas or plans that is used as a basis for making decisions, especially in politics, economics, or business. An official organization's policy on a particular issue or towards a country is their attitude and actions regarding that issue or country.What is an example of policy?
a set of ideas or a plan of what to do in particular situations that has been agreed to officially by a group of people, a business organization, a government, or a political party: They believe that Europe needs a common foreign and security policy. What is your party's policy on immigration? More examples.What is policy in health care?
Policy is a law, regulation, procedure, administrative action, incentive, or voluntary practice of governments and other institutions. Policy decisions are frequently reflected in resource allocations. Health can be influenced by policies in many different sectors. For example, transportation policies can encourage physical...What is an economic policy?
a set of ideas, or a plan of what to do in particular situations, that has been agreed officially by a group of people, a business organization, a government, or a political party: The government has finally announced its policy on the regulation of the financial services industry. The oil markets are affected by economic policy.