policy
🇺🇸
/ˈpɑːləsi/
🇬🇧
/ˈpɒləsi/
a plan or set of rules used by a group or organization to guide decisions
The company's new policy requires all employees to work from home on Fridays.
a personal rule or belief that guides how you act
My personal policy is to always tell the truth, no matter what.
a written insurance agreement that explains what is covered
Before buying insurance, read the policy carefully to understand what it covers.